Annual results 2017/18

Operating result increased by 29% – profitable growth in international business

Axpo achieved a strong result in the 2017/18 financial year, with both the operating result (CHF 348 million, +29%) and cash flow from operating activities (CHF 474 million, +171%) increasing substantially compared with the previous year. This is mainly due to the strong operating performance in international business and renewable energies. However, the result in the reporting year was again weighed down by Swiss electricity production. The rise in electricity prices since 2016 will have a delayed impact on the results.

Media release

EBIT (CHF) +29%



Equity (CHF)



Cashflow (CHF) +171%



Axpo increased the operating result by 29% in 2017/18 financial year.

CEO Andrew Walo explains the positive annual result.

A strong year

International business

Open up new business areas

Key figures FY 2017/18

Investor Relations
  FY 2017/18 FY 2016/17
Total assets (in CHF million)
22 216 19 023
Total income (in CHF million) 4 850   5 567
EBIT (in CHF million) 348 269
EDIT as % of total income   7.2 4.8
Result for the period (in CHF million) 131 310
Cash flow from operating acitivities (in CHF million) 474 175
Net investment in non-current assets (in CHF million) -198 -294
Free cash flow (in CHF million) 276 -119
Equity (in CHF million) 4 979 4 884
Net financial assets (in CHF million) 206 56
Number of employees (FTEs) on reporting date 4 441 4 222

Impressions of the Annual Media Conference

CEO Andrew Walo und CFO a.i. Ulrich Erkens

CEO Andrew Walo

CFO a.i. Ulrich Erkens

Annual Media Conference 2018

CEO Andrew Walo

CFO a.i. Ulrich Erkens

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