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Energiekontor (EKT) investor relations material
Energiekontor Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M 2026 performance was hit by delayed Scottish grid connections; the FY Group EBT forecast was cut from €40–60m to €5–10m.
Own-park capacity reached 460.6 MW, with eight projects totaling 226.8 MW under construction for the portfolio and projected capacity of 687.4 MW after commissioning.
Financial highlights
FY 2026 Group EBT guidance is €5–10m, versus the initial range of €40–60m and FY 2025 EBT of €40.5m.
FY 2026 project development and sales EBT is expected significantly below FY 2025’s €20.8m; own-park generation and operations segments are expected approximately in line with FY 2025.
Outlook and guidance
FY 2026 own-park generation EBT is expected approximately in line with FY 2025’s €17.1m, assuming average wind and solar conditions for the rest of the year.
Operations development, innovation and others EBT is expected approximately in line with FY 2025’s €2.5m.
Seven Scottish projects above 350 MW received revised grid offers for 2029–2032; offers for seven more projects above 480 MW are expected by end-Q1 2027.
Grid-offer review will support assessment of 14 UK projects above 830 MW and their potential earnings contributions in coming years.
- Strong FY 2025 growth and pipeline; H1 2026 EBT negative, but full-year outlook maintained.EKT
Q2 2026 - 22 projects under construction and EBT guidance of €40–60 million for 2026 reaffirmed.EKT
Q1 2026 - Record earnings, expanded pipeline, and strong growth outlook for 2026.EKT
Q4 2025 - 2025 EBT guidance cut to €30–40m as project delays shift profits to 2026.EKT
Q3 2025 - EBT surged 70% YoY to €28.3m in H1 2025, with strong project sales and portfolio growth.EKT
Q2 2025 - Record 2023, >12 GW pipeline, but 2024 earnings pressured by delays and weak wind.EKT
Q3 2024 - Revenue up, EBT down; 12 GW pipeline underpins ambitious mid-term growth.EKT
Q2 2024 - 2025 profit guidance raised as pipeline and portfolio expand despite market headwinds.EKT
Q1 2025 - 2024 marked a transition with lower earnings but a robust pipeline and higher 2025 outlook.EKT
Q4 2024
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