Plant operator eew reports significant growth in its 2024 results, with increased turnover and earnings from its plants.
Key Takeaways
- EEW reports significant growth in its 2024 results with turnover reaching €889.1 million and EBIT at €179.22 million.
- The profit after taxes increased to €118.99 million compared to €106.64 million in 2023.
- Waste treatment operations remained stable, thermally treating approximately 5.0 million tonnes of waste.
- Energy generation increased, with heat and steam production rising from 3.0 TWh in 2023 to 3.4 TWh in 2024, while electricity production stayed at 1.7 TWh.
The German plant operator EEW has published its business figures for the 2024 financial year, indicating substantial growth in key financial metrics compared to the previous year. The company’s operational output in waste treatment remained stable while energy generation increased.
Significant Growth in Financial Metrics
For the 2024 financial year, the company reported a turnover of €889.1 million and an EBIT of €179.22 million. The profit after taxes amounted to €118.99 million.
These figures represent a considerable increase from the 2023 financial year, when turnover stood at €752.66 million, EBIT at €134.16 million, and the result after taxes at €106.64 million.
Stable Waste Treatment and Increased Energy Output
Operationally, the company’s 17 waste-to-energy plants maintained a consistent level of activity, thermally treating approximately 5.0 million tonnes of waste, a volume unchanged from 2023.
Energy generation saw an increase in thermal output. While electricity production remained stable at 1.7 TWh, the generation of heat and steam rose from 3.0 TWh in 2023 to 3.4 TWh in 2024.
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