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Strong operating performance in the first half of 2019/20 – but earnings impacted by value fluctuations

The Axpo Group’s results for the first half of the year were shaped by a strong operating performance that was once again up on the prior-year period and by the negative effect of value fluctuations on the financial markets. The funds for the decommissioning and disposal of nuclear power plants (STENFO) had a particularly significant negative impact on results of CHF 389 million. While earnings before interest and tax (EBIT) were still only slightly lower at CHF 329 million, the result for the period actually fell to CHF –24 million.

Key figures, first half of 2019/20
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When will the next financial result be communicated?

The next Annual Media Conference will take place on Thursday, December 10, 2020. On this day, all information relating to the 2019/20 financial results of Axpo Holding AG will be communicated.

Further Axpo Group topics

Reports & dates

Current dates and the most important reports: Annual Report, Sustainability Report, Financial Report and others.

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Key figures

The most important key figures from the finance and energy sectors.

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Outstanding bonds

Overview of outstanding bonds including current ratings.

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Shareholders of Axpo Holding AG

All of Axpo Holding AG shares are owned by the cantons of Northeastern Switzerland and the cantonal utilities.

  in % 19.12.2014, in million CHF
Canton Zürich 18.342 67.9
Elektrizitätswerke des Kantons Zürich 18.410 68.1
Canton Aargau 13.975 51.7
AEW Energie AG 14.026 51.9
SAK Holding AG 12.501 46.3
EKT Holding AG 12.251 45.3
Canton Schaffhausen 7.875 29.1
Canton Glarus 1.747 6.5
Canton Zug 0.873 3.2
Total 100 370.0

Strategy & vision

What are Axpo’s vision and fundamental values, and what is our corporate strategy? What prinicples are key for us and our employees?

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Portrait

Axpo produces and trades energy for more than 3 million people in Switzerland and internationally. Who we are, what we do where and why.

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The latest media releases

International business 21.10.2020

Axpo signs agreement with Borlänge Energi

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International business 12.10.2020

Axpo U.S. takes part in deal winning “Conventional Power Deal of the Year”

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International business 02.10.2020

Axpo Iberia signs 150 MW long-term PPA with Solaria

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