Presentation of the 2024 half-year report
Zurich, 08/21/2024
BKW reports very good 2024 half-year results
Program
Review of the first half of 2024
CEO Robert Itschner
Financial results for the first half of 2024
CFO Martin Zwyssig
Outlook for the 2024 fiscal year
CEO Robert Itschner
Q&A
Review of the first half of 2024
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Strong first half of 2024
Revenue | EBIT | Operating net profit |
CHF 2,330 m CHF 438 m | CHF 303 m |
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BKW resilient thanks to complementary business areas
Energy | Grid | Services | ||
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Electricity Act: Supporting energy transition and reliability of supply
Accelerated expansion of renewables
e.g. Trift and Grimselsee enlargement
More efficient grid expansion
for the energy transition
Strengthening the reliability of supply
more winter electricity and stable grids
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Energy: Tailwind for renewable energy projects
Grimselsee enlargement
Submission of concession application
Turbach hydropower plant
Start of construction this summer
MontSol alpine solar project
Approval by the populace
Fosen Vind
Agreement reached with Sami
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Grid: Investing in secure grids for today's and tomorrow's energy distribution
Smart meters
Installation partner selected
2,600 new photovoltaic systems
from January to June 2024
Ongoing grid reinforcements
to enable expansion of solar energy
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Services: Positioning in growing markets
Solstis
Launch of Swiss-wide PV offering
Wunsiedel battery storage facility
100 MW; start of final installation for commissioning in spring 2025
Albula Tunnel II Inauguration June 2024
EDGE ElbSide and Roots
Opening of sustainable office and residential buildings in Hamburg
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ESG: Strengthening the sustainability strategy
Environment
− Net zero energy business: additional investments in renewables
− Fleet electrification by 2030
Social
− Start of supplier on-boarding
Governance
− Integration of sustainability into the remuneration system
− Implementation of double materiality analysis
