Enefit Green’s unaudited financial results Q4 and 12 months of 2023
Enefit Green’s consolidated operating income for Q4 2023 decreased by 19 percent to €66.9m compared to the same time last year, and operating expenses (excluding depreciation) increased by 1 percent to 37.3 million euros. As a result, Q4 2023 EBITDA fell by 35 per cent to €29.6m. In the last quarter of the year, the Group earned a net profit of €19.1m, which is 46 percent less than in the same period last year.
In 2023 as a whole, Enefit Green’s consolidated operating income decreased by 10 percent compared to the previous year to €230.1m, EBITDA by 32 percent to €105.9m, and net profit by 49 percent to €55.8m. 2023 earnings per share was €0.21 (2022: EUR 0.42).
The Management Board of Enefit Green, in coordination with the Supervisory Board, proposes to pay the shareholders €27.7m or €0.105 per share in dividends.
Aavo Kärmas, Chairman…
