Germany's ABO Wind widens 2025 net loss forecast to €170 mln

Overview

• Germany-based renewable energy firm's 2025 net loss forecast widened to €170 mln

• Company reduces 2025 total output forecast to €230 mln due to project delays

• Forecast adjustment due to €40 mln postponements and €35 mln value adjustments

Outlook

• ABO Energy revises 2025 forecast to a net loss of €170 mln

• Company expects 2025 total output to be €230 mln

Result Drivers

• PROJECT POSTPONEMENTS - €40 mln in project postponements, including rights sales for wind and battery projects in Germany, affected the 2025 forecast

• VALUE ADJUSTMENTS - €35 mln in value adjustments due to market changes impacted the forecast

• SERVICE DELAYS - Delays in invoicing and acceptance of construction services contributed to forecast revision

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the renewable energy equipment & services peer group is "buy"

• Wall Street's median 12-month price target for ABO Energy GmbH & Co KgaA is €31.00, about 198.1% above its January 14 closing price of €10.40

• The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nEQ5Yxcpka

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