ENCAVIS AG records significant revenue growth in the first half of 2022 and raises prospects for the full year 2022 (German)

Sales increased by approx. 40% compared to the previous year to approx. EUR 226.4 million ^

DGAP-Ad-hoc: ENCAVIS AG / Keywords: Half-yearly results / forecast change

ENCAVIS AG reports a significant increase in revenues in the first half of 2022.

and raises the outlook for the entire year 2022

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03/08/2022 / 11:13 CET / CEST

Publication of confidential information pursuant to Art. 17 of the Regulation

(EU) No 596/2014, provided by DGAP – EQS Group AG service.

The issuer / publisher is responsible for the content of the application.

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Publication of confidential information pursuant to Art. 17 of the MAR Regulation

(EU) No 596/2014

ENCAVIS reports a significant increase in earnings in the first half of 2022.

and raises the outlook for the entire year 2022

Hamburg, August 3, 2022 – The management board of the MDAX-listed wind exchange i

Solar park operator Encavis AG is already publishing makeshift

Key performance indicators for the first half of 2022:

Sales increased by approx. 40% compared to the previous year to approx. EUR 226.4 million (previous year:

EUR 162.2 million)

Adjusted EBITDA *) increases by approx. 40% compared to the previous year to approx. EUR 170.6

million (last year EUR 122.3 million)

Adjusted EBIT *) increases by approximately 60% compared to the previous year to approximately EUR 109.8

million (previous year EUR 68.7 million)

Adjusted earnings per share *) (EPS) increased by more than 83% to around EUR

0.33 (previous year 0.18 EUR)

Opera. Cash flow increases by more than 46% compared to the previous year to around EUR 160.2

million (previous year 109.4 million EUR)

Given the increased sales in the first seven months

2022 due to higher wind and solar efficiency on the one hand

on the other hand, currently high market prices, the Management Board

Encavis AG decided on the operational outlook for 2022

Adjust KPIs for the entire year 2022. be there

Due to the very high volatility of electricity prices, the previous ones will remain unchanged

Planning assumptions from the original planning for the remaining five months

Scheduled for financial year 2022:

Increase in sales to> EUR 420 million (previously> 380

million euro),

operating EBITDA increase to> EUR 310 million (previously> EUR 285 million)

euro),

operating EBIT increase to> EUR 185 million (previously> EUR 166 million)

euro),

increase in operating profit per share (EPS) by EUR 0.51

0.55 euro also

increase in cash flow from operating activities to> EUR 280 million (previously> 260

million euros).

*) Explanations and derivation of the corrected operational

Profit data can be found in the annual report / consolidated financial statements

2021 Encavis AG from page 14 and on page 37.

Annual Report / Consolidated Financial Report 2021 of Encavis AG is

available at:

https://www.encavis.com/fileadmin/user_upload/Encavis_Annual Report_2021_DE_protected.pdf

Contact person / notifier:

George Peters

Head of Corporate Communications and IR

Telephone: + 49 (0) 40 37 85 62 242

E-mail: [email protected]

More information about the company can be found at www.encavis.com

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03/08/2022 CET / CEST DGAP distribution services include statutory

reporting requirements, corporate / financial news and press releases.

Media archive at http://www.dgap.de

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German

Company: ENCAVIS AG

Grosse Elbstraße 59

22767 Hamburg

Germany

Telephone: +49 4037 85 62-0

Fax: +49 4037 85 62-129

E-mail: [email protected]

Website: https://www.encavis.com

ISIN: DE0006095003

WKN: 609,500

Indices: MDAX

Exchanges: Regulated market in Frankfurt (Prime Standard),

Hamburg; Open market in Berlin, Dusseldorf, Munich,

Stuttgart, Tradegate

EQS message ID: 1412347

End of news DGAP news service

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1412347 03/08/2022 CET / CEST

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