24.08.2022 ABO Wind AG  DE0005760029

DGAP-News: ABO Wind AG:


 

DGAP-News: ABO Wind AG / Key word(s): Market Report
ABO Wind AG:

24.08.2022 / 14:32 CET/CEST
The issuer is solely responsible for the content of this announcement.


Hydrogen projects receive political support

  • Canada's Energy Minister Wilkinson and Germany's Economics Minister Habeck enquired about ABO Wind projects in Canada
  • Eleven gigawatts of wind energy to produce 900,000 tonnes of hydrogen annually
  • Agreement with First Nation allows wind farm in New Brunswick to take a big step forward

On the occasion of signing a German-Canadian hydrogen agreement in Stephenville, Newfoundland, Germany’s Minister for Economic Affairs and Climate Action Robert Habeck and Canada's Minister of Natural Resources Jonathan Wilkinson learned about ABO Wind projects in Canada. Both countries want to end the dependence on fossil resources and fight climate change with hydrogen from renewable energies. ABO Wind is working on the development of several large wind farms in three Atlantic provinces in Canada. The planned wind farms have a capacity of eleven gigawatts. The green electricity could be used to produce up to 900,000 tonnes of hydrogen, convert it into ammonia and ship it to Germany, for example.

At the signing of the agreement in Stephenville, ABO Wind was present with a stand to inform the politicians about the plans. German Chancellor Olaf Scholz and Canadian Prime Minister Justin Trudeau also attended the event. "The future lies in hydrogen," said Scholz. Habeck announced that he would press ahead with "flagship projects." The hydrogen agreement is a “significant milestone as we accelerate the international market roll-out of green hydrogen and clear the way for new transatlantic cooperation. Specifically, we aim to build up a transatlantic supply chain for green hydrogen.”

ABO Wind Managing Director Karsten Schlageter is impressed with the commitment of the politicians and the opportunity to exchange ideas with government representatives. "The agreement and the trip demonstrate how seriously the energy transition is now being driven forward. We look forward to making our contribution with our hydrogen projects in Canada." Worldwide, ABO Wind is currently working on renewable energy projects with a total of 15 gigawatts of capacity in connection with a planned hydrogen production. These development projects run in parallel with a further 20 gigawatts of wind and solar farms in development to feed electricity into grids in the future. "We treat these two development pipelines separately, because building a hydrogen economy is complex," explains Managing Director Schlageter. "Not least the German-Canadian agreement brings a very welcome dynamic to this topic.”

Meanwhile, ABO Wind has taken a big step forward with its hydrogen project in the province of New Brunswick: Immediately before the signing of the government hydrogen agreement, Chief Richardson of Pabineau First Nation and Karsten Schlageter signed a cooperation agreement. Together, the partners, which also include the local Canadian project developer Community Wind, want to push ahead with a four-gigawatt wind energy project that will provide electricity for hydrogen production. "First Nations are critical to successfully implementing projects like this in Canada. We have already worked closely with First Nations on the 500-megawatt Buffalo Plains Wind Farm that has recently reached ready-to-build status," said Schlageter. Chief Richardson, representing the Pabineau First Nation, appreciates ABO Wind as a like-minded partner on the clean energy journey and assured his full support.

Initial information about ABO Wind's large hydrogen projects, located in Canada and Argentina, as well as a medium-sized project in Tunisia and a smaller one in Germany, is available on the company’s website (https://www.abo-wind.com/en/development-construction/green-hydrogen.html).



24.08.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language: English
Company: ABO Wind AG
Unter den Eichen 7
65195 Wiesbaden
Germany
Phone: +49 (0)611 26 765 0
Fax: +49 (0)611 26 765 5199
E-mail: [email protected]
Internet: www.abo-wind.de
ISIN: DE0005760029
WKN: 576002
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1427465

 
End of News DGAP News Service

1427465  24.08.2022 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 146,79 150,26 126,27 149,16 127,11 231,66 299,69
EBITDA1,2 37,74 33,09 27,70 34,51 30,52 65,99 59,34
EBITDA-Marge3 25,71 22,02 21,94 23,14 24,01 28,49
EBIT1,4 24,97 22,89 19,72 22,20 28,59 43,10 42,64
EBIT-Marge5 17,01 15,23 15,62 14,88 22,49 18,61 14,23
Jahresüberschuss1 17,02 12,76 11,41 13,12 13,80 24,59 27,22
Netto-Marge6 11,59 8,49 9,04 8,80 10,86 10,61 9,08
Cashflow1,7 31,45 -28,11 -21,80 42,47 -50,74 -13,85 -62,99
Ergebnis je Aktie8 2,23 1,67 1,34 1,42 1,50 2,67 2,96
Dividende8 0,40 0,42 0,42 0,45 0,49 0,54 0,50
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Rödl & Partner

INVESTOR-INFORMATIONEN
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ABO Wind
WKN Kurs in € Einschätzung Börsenwert in Mio. €
576002 61,200 Kaufen 564,32
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
19,37 17,91 1,06 30,59
KBV KCV KUV EV/EBITDA
3,01 - 1,88 11,51
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,54 0,60 0,98 30.04.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
31.08.2024 14.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
26,60% 24,47% 48,91% -17,96%
    
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