1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. BKW AG
  6. News
  7. Summary
    BKW   CH0130293662

BKW AG

(BKW)
  Report
Real-time Estimate Cboe Europe  -  03:37 2022-08-17 am EDT
114.95 CHF   +0.04%
06/17BKW AG acquired Solstis SA.
CI
06/10BKW : Michael Schüepp, CEO of BKW Engineering, is leaving the company*
PU
05/22Datapulse Technology Placed on Singapore Bourse's Watchlist After Recording Three Straight Years of Losses
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

BKW increases results forecast

01/14/2020 | 01:05am EDT

BKW increases results forecast

Advance information on 2019 annual results for BKW AG

Bern, 14 January 2020

The BKW Group is anticipating a better operating result for 2019 than previously expected. Thanks to excellent trading, the Group can increase further the forecasts it had confirmed in November.

BKW is expecting a significantly better operating result for 2019. Thanks to highly positive overall business and excellent trading, estimates had already increased to between CHF 350 and 370 million after the first half of the year. With particularly strong trading toward the end of the year, even this revised forecast was exceeded. Although the process of compiling year-end figures is still ongoing, BKW has raised its estimate of the annual result based on these positive developments.

BKW now expects the operating result for the 2019 financial year to exceed the EBIT for 2018 (CHF 417 million). BKW is also expecting a markedly higher annual profit.

These adjusted forecasts are subject to further findings as year-end accounting continues. As previously announced, BKW will present detailed information on the 2019 financial year and the 2019 annual report on 18 March 2020.

The expectations and forward-looking statements expressed in this document are based on assumptions and are subject to risks and uncertainties. This means that the actual results may differ materially from those expressed or implied by the expectations and statements. This report is published in German, French, Italian and English. The German text is the authoritative version.




Provider
Channel
Contact
Tensid EQS Ltd., Switzerland
www.tensid.ch


newsbox.ch
www.newsbox.ch


Provider/Channel related enquiries
marco@tensid.ch
+41 41 763 00 50
All news about BKW AG
06/17BKW AG acquired Solstis SA.
CI
06/10BKW : Michael Schüepp, CEO of BKW Engineering, is leaving the company*
PU
05/22Datapulse Technology Placed on Singapore Bourse's Watchlist After Recording Three Strai..
MT
05/18BKW AG : Ex-dividend day for final dividend
FA
04/25BKW Ties Up with Swiss Fleet Manager Post Company Cars to Offer EV Charging Infrastruct..
MT
04/05BKW : issues second green bond to finance its growth in new renewable energies
PU
04/05Swiss Energy Group BKW Hires ABB Executive As CEO
MT
04/05BKW : Robert Itschner to be the new CEO of BKW*
PU
03/31BKW : Booklet Invitation to the General Meeting 2022 (PDF, 4.1 MB)
PU
03/18Mirabaud Securities Lifts Price Target on BKW, Maintains Buy Recommendation
MT
More news
Analyst Recommendations on BKW AG
More recommendations
Financials
Sales 2022 3 684 M 3 876 M 3 876 M
Net income 2022 294 M 310 M 310 M
Net Debt 2022 1 014 M 1 067 M 1 067 M
P/E ratio 2022 18,8x
Yield 2022 2,35%
Capitalization 6 063 M 6 380 M 6 380 M
EV / Sales 2022 1,92x
EV / Sales 2023 1,75x
Nbr of Employees 10 750
Free-Float 37,2%
Chart BKW AG
Duration : Period :
BKW AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BKW AG
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 114,90 CHF
Average target price 137,25 CHF
Spread / Average Target 19,5%
EPS Revisions
Managers and Directors
Ronald Frank Trächsel Chief Financial Officer, Head-Finance & Services
Roger Baillod Chairman-Supervisory Board
Thomas Zinniker Head-Information & Communication Technology
Raphael Bruetsch Head-Legal & Compliance
Hartmut Geldmacher Vice Chairman-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
BKW AG-3.12%6 380
NEXTERA ENERGY-3.03%178 795
DUKE ENERGY CORPORATION6.87%85 451
SOUTHERN COMPANY15.30%83 307
DOMINION ENERGY, INC.8.77%70 471
IBERDROLA, S.A.5.14%68 890