Annual financial result 2018/19

Operating result
increased by 56 %

Facts on financial year 2018/19

  • Strong operating result 
  • Networking production, trading, and the customer business is paying off
  • On the growth path with renewable energies
  • Trading with a record result
  • Solar power plant: Pioneer achievement in the Alps 
  • Strong demand for tailored energy solutions 
  • Substantial investments for the security of supply
"The strategy to broadly position Axpo and to focus on growth, optimisation and diversification is paying off..."
Thomas Sieber, Chairman and Delegate of the Board of Directors, CEO a.i.

Key figures

850

+144%

EBIT in CHF millions

542

+56%

EBIT excluding one-off effects in CHF millions

4856

+6 Mio. CHF

Total income in CHF millions

Media release

Company 11.12.2019

Axpo significantly increased its operating result – success in trading and renewables

Axpo posted a strong operating result for the 2018/19 financial year. Earnings before interest and tax (EBIT) before one-off effects were up 56% to CHF 542 million, or CHF 850 million after one-off effects (previous year: CHF 348 million). Axpo raised the result for the period from CHF 131 million to CHF 865 million. The strategy of networking production, trading business and international customer business has paid off, even in a difficult market environment, with all Axpo Group business areas achieving pleasing operating results.

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Annual Media Conference 2019, Thomas Sieber, Chairman and Delegate of the Board of Directors, CEO a.i.
Thomas Sieber (Chairman and Delegate of the Board of Directors, CEO a.i.) at the Annual Media Conference
Annual Media Conference 2019, Joris Gröflin, CFO
Thomas Sieber, Chairman and Delegate of the Board of Directors, CEO a.i. and Joris Gröflin, CFO at the Annual Media Conference
Thomas Sieber, Chairman and Delegate of the Board of Directors, CEO a.i.
Visualisation Muttsee Dam: Lateral

Stories full of energy

Renewable energy

Hydro 4.0

First digital hydropower plant in Switzerland

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Renewable energy

Pioneer project above the fog line

Solar power from the Muttenalp

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Renewable energy

Tailor-made trading strategies, increasing returns

Axpo is using data science to support the marketing of wind power across Europe

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Renewable energy

The solar power business

Urbasolar develops photovoltaic systems since 2006

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