In an environment that continued to be challenging, Axpo demonstrated strength, confirmed its position as an international energy leader, and achieved exceptionally good results for the 2022/23 financial year (1 October 2022 to 30 September 2023). The company strategy of diversification across business areas and geographical markets proved key to this success. At the same time, Axpo made a significant and reliable contribution to the security of energy supply in Switzerland, covering around 40% of Swiss electricity consumption. Axpo also continued to make consistent progress in the expansion of solar and wind energy, both at home and internationally. As a driving force behind the energy transition, the company also invested in innovative hydrogen, biomass, energy storage, geothermal and intelligent power grid projects.
The Swiss federal government decreed CHF 4 billion credit line – which Axpo did not utilise at any time – was revoked at Axpo’s request as of 1 December 2023.
was strengthened significantly and increased by over CHF 4 billion.
Adjusted operating profit increased significantly compared to the previous year (CHF 392 million).
increased from CHF 4101 million to CHF 7542 million.
Contribute significantly to a secure energy supply system.
Advance the energy transition and build up renewables.
Grow the customer business with energy trading solutions.
Axpo can look back on a successful 2022/23 financial year. In a challenging environment, its strategy paid off: the company became stronger and the outlook remains positive.