on Edisun Power Europe AG (isin : CH0024736404)
Edisun Power Reports Solid Financial Results and Appoints New CEO
Edisun Power Europe AG, a significant player in the European solar energy market, has announced a strong increase in its financial performance for 2024. The company's revenue surged to CHF 51.54 million, driven by a one-time capital gain of CHF 7.4 million from sales transactions. Despite a challenging year, the EBITDA margin reached 32.2% with an EBITDA of CHF 16.58 million.
A strategic shift accompanies these results as José María Llopis steps in as CEO on April 1, 2025. The focus is on expanding renewable energy initiatives for data centers, labeled "Renewables to AI." Edisun plans to develop the large-scale solar project "Fuencarral," aiming to attract investment into renewable infrastructures.
The Board has decided against a dividend payout for 2024, prioritizing reinvestment in strategic projects. Despite a mixed start to 2025, Edisun remains committed to growing its project portfolio and enhancing its financial stability.
R. P.
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