Shaping change
Analysts' Conference 2025 Financial year
Frankfurt, 14 May 2025
We inspire with energy.
MVV implements course of becoming #climatepositive by 2035 with consistency and with business success
H1 2025 FY: Operative adjusted EBIT of Euro 273 million
Forecast 2025 FY confirmed:
350 Euro million to 400 Euro million
Disclaimer
No offer, invitation or recommendation to purchase or sell securities of MVV Energie AG
This presentation has been prepared by MVV Energie AG for information purposes only. It does not constitute an offer, an invitation or a recommendation to purchase or sell securities of MVV Energie AG. This presentation must not be relied upon in connection with any investment decision. The securities of MVV Energie AG have not been registered under the United States of America's securities laws and may not be offered or sold in the United States of America or to U. S. persons without registration or exemption from registration in accordance with the applicable United States' securities laws.
Disclaimer
All information contained in this presentation has been established with care. However the information in this presentation has not been independently verified. We cannot guarantee its reliability or completeness. The information herein shall not be deemed as a guarantee or any such instrument in any respect. MVV Energie AG reserves the right to amend, supplement or delete any information in this presentation at any time.
In addition to the figures prepared in our Annual Reports this presentation may contain further financial performance measures. These financial performance measures should be considered in addition to, but not as a substitute for, the information prepared in our Annual Reports. Other companies may define such financial performance measures in different ways.
Future-oriented statements
This presentation may contain statements on future developments ("future-oriented statements") that are based on currently available information and the plans, estimates and forecasts of the management of MVV Energie AG. Future-oriented statements include, but are not limited to projections of revenues, income, earnings per share, dividends, statements of plans or objectives for future operations. Such future-oriented statements are also indicated by words such as "anticipate", "may", "will", "should", "intend", "expect", "estimate" and similar expressions. These future-oriented statements are subject to risks and uncertainty and cannot be controlled or accurately predicted by MVV Energie AG. A multitude of factors such as changing business or market conditions, political and legal conditions, fluctuating currency exchange rates and interest rates, prices, stronger competition and sale risks, changes in the price and availability of raw materials, risks associated with energy trading (e.g. risks of loss in the case of unexpected, extreme market price fluctuations and credit risks) can cause actual events to differ significantly from any anticipated development.
Therefore it cannot be guaranteed nor can any liability be assumed otherwise that these future-oriented statements will prove complete, correct or precise or that expected and forecast results will actually occur in the future.
MVV Energie AG neither intends to nor assumes any obligation to update these future-oriented statements
HighlightsH1 2025 Financial year
MVV awarded German Sustainability Prize
Clearly on course: #climatepositive
Higher regular dividend
MVV Energie AG
4 MVV Energie AG 14.5.2025 Investor Relations Shaping change
Financial key figures
H1 2025 Financial year
Euro million | 1 Oct 2024 to 31 Mar 2025 | 1 Oct 2023 to 31 Mar 2024 | % change | |
Adjusted sales excluding energy taxes | 3,484 | 4.425 | - 21 | |
Adjusted EBIT 1 | 273 | 299 | - 9 | |
Adjusted net income for period after minority interests 1 | 131 | 149 | - 12 | |
Cash flow from operating activities | - 48 | - 99 | + 52 | |
Investments | 202 | 149 | + 36 |
1 Excluding non-measurement items for financial derivatives and including interest income from finance leases
MVV Energie AG
5 MVV Energie AG 14.5.2025 Investor Relations Shaping change
Non-financial key figures
H1 2025 Financial year
1 Oct 2024 to 31 Mar 2025 | 1 Oct 2023 to 31 Mar 2024 | % change | ||
Electricity generation capacity from renewable energies at 31 March 2025/30 September 2024 1, 2 (MWe) | 697 | 678 | + 3 | |
Electricity generation volumes from renewable energies 3 (kWh million) | 683 | 737 | - 7 | |
Completed development of new renewable energies plants (MWe) | 383 | 144 | + 166 | |
Operations management for renewables energies plants (MWe) | 4,249 | 3.954 | + 7 | |
Number of employees at 31 March 2025/31 March 2024 (headcount) | 6,680 | 6,447 | + 4 |
1 Previous year´s figure adjusted
2 Including electricity generation capacity from wind turbines for repowering at 31 March 2025 (51 MWe)/30 September 2024 (28 MWe)
3 Including electricity generation volumes from wind turbines for repowering at 31 March 2025 (26 million kWh)/31 March 2024 (22 million kWh)
MVV Energie AG
6 MVV Energie AG 14.5.2025 Investor Relations Shaping change
Customer Solutions reporting segment
H1 2025 Financial year
Adjusted sales - 26 %
Euro million
Adjusted EBIT - 49 %
Euro million
3,793
2,788
120
61
H1 2024 FY
H1 2025 FY
H1 2024 FY
H1 2025 FY
New Energies reporting segmentH1 2025 Financial year
Adjusted EBIT - 45 %
Euro million
Investments + 43 %
Euro million
61
77 87
42
H1 2024 FY
H1 2025 FY
H1 2024 FY
H1 2025 FY
Generation and Infrastructure reporting segmentH1 2025 Financial year
Adjusted EBIT + 84 %
Euro million
Investments + 7 %
Euro million
164
89
67 72
H1 2024 FY
H1 2025 FY
H1 2024 FY
H1 2025 FY
Reconciliation with adjusted EBITH1 2025 Financial year
Reconciliation of EBIT to adjusted EBIT
Euro million | 1 Oct 2024 to 31 Mar 2025 | 1.10.2023 to 31 Mar 2024 | +/- change | |
EBIT as reported in income statement | 241 | 232 | + 9 | |
Financial derivatives measurement items | + 30 | + 65 | - 35 | |
EBIT before result of IFRS 9 derivative measurement and realisation | 271 | 297 | - 26 | |
Interest income from finance leases | + 2 | + 2 | 0 | |
Adjusted EBIT | 273 | 299 | - 26 |
MVV Energie AG
10 MVV Energie AG 14.5.2025 Investor Relations Shaping change
Adjusted net income for period after minority interests
H1 2025 Financial year
Annual net income after minority interest - key figures adjusted
Euro million (previous year)
Earnings per share (Euro): 1.98 (2.27)
273 (299)
-13
(-8)
260 (291)
(-93)
176 (198)
-45 (-48)
131 (149)
-84
EBIT | Financial | EBT | Taxes on | Net income | Minority | Net income |
result | income | for period | interests | for period | ||
after minority |
Figures have been rounded up or down to the nearest million-euro amounts. Discrepancies may therefore arise between the aggregate sums of individual items and the totals stated.
interests
Cash flow from operating activitiesH1 2025 Financial year
Development of cash flow
Euro million (previous year)
231 (432)
(- 99)
Net income for period before taxes on income
Cash flow before working capital and taxes Cash flow from operating activities
- 48
403 (423)
FinancingH1 2025 Financial year
Net financial debt Adjusted equity-ratio
Euro million %
40.0 42.0
2,448 2,601
1,231 1,315
31.3.2024 31.3.2025
31.3.2024 31.3.2025
Forecast for 2025 financial year
Operating adjusted EBIT and investments
Operating adjusted EBIT
Euro million
Investments
Euro million
Significantly higher than in previous year
416
350 - 400
417
FY 20241
1 Excluding disposal gains
FY 2025e
FY 2024 FY 2025e
… depending in particular on: weather and wind conditions, wholesale prices on energy markets, waste and biomass prices, procurement costs for fuel and CO2 emission rights, plant availability, development in the market climate and competition, volatility in renewable energies project development business, the further development in conditions on the energy markets, as well as on there being no geopolitical situation which restricts the availability of commodities or compromises supply chains and no other crisis scenario.
Financial calendar14 May 2025 H1 Interim Report 2025 Financial Year
14 August 2025 9M Quarterly Statement 2025 Financial Year
11 December 2025 Annual Report 2025 Financial Year
11 December 2025 Annual Results Press Conference and Analysts' Conference 2025 Financial Year
The dates of conference calls to be held with analysts during the financial year will be announced in good time.
VMiealneyntDhanks! !
Contact:
Daniela Rink
Team Leader Reporting and Investor Relations T +49 621 290 37 08
ir@mvv.de https://www.mvv.de/investoren
Jointly committed in the
Rhine-Neckar metropolitan region