EGL shares declared invalid – Axpo now sole owner
February 27, 2012
The Axpo takeover of EGL is final: On 16 February, the Commercial Court of the Canton of Aargau declared the EGL shares (0.2%) still on the market as invalid.
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Profit falls significantly– Axpo restructures to improve performance and is planning investments of more than CHF 20 billion to ensure security of supply
January 23, 2012
Axpo Group profits are down substantially for the 2010/11 financial year (as per 30.9.2011). Operating profit (EBIT) of CHF 139 million and consolidated net profit of CHF 45 million were significantly below the figures for the previous year of CHF 538 million and CHF 409 million respectively.
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Axpo to forgo uranium from Mayak until the necessary transparency is established
November 12, 2011
Axpo has negotiated with its supplier Areva to enable the exclusion of uranium from the Mayak plant until the necessary transparency is established.
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