Anuncio • Apr 16
Clearway Energy, Inc. to Report Q1, 2026 Results on May 07, 2026 Clearway Energy, Inc. announced that they will report Q1, 2026 results on May 07, 2026 Anuncio • Mar 10
Clearway Energy, Inc., Annual General Meeting, Apr 29, 2026 Clearway Energy, Inc., Annual General Meeting, Apr 29, 2026. Anuncio • Feb 18
Clearway Energy, Inc. Declares Quarterly Cash Dividend on Class A and Class C Common Stock, Payable on March 16, 2026 Clearway Energy, Inc. announced that on February 17, 2026, its Board of Directors declared a quarterly dividend on each of the company’s Class A and Class C common stock of $0.4602 per share payable on March 16, 2026, to shareholders of record as of March 2, 2026. This quarterly dividend represents $1.8408 per share on an annualized basis, an increase of 1.6% over the fourth quarter 2025 dividend of $0.4528 per share, or $1.8112 per share annualized. Anuncio • Jan 20
Clearway Energy, Inc. to Report Q4, 2025 Results on Feb 23, 2026 Clearway Energy, Inc. announced that they will report Q4, 2025 results on Feb 23, 2026 Anuncio • Nov 06
Clearway Energy, Inc. (NYSE:CWEN.A) entered into a binding agreement to acquire 613 MW Operational Solar Portfolio in Eight States from Deriva Energy, LLC and Manulife Investment Management Private Markets (US) LLC for approximately $310 million. Clearway Energy, Inc. (NYSE:CWEN.A) entered into a binding agreement to acquire 613 MW Operational Solar Portfolio in Eight States from Deriva Energy, LLC and Manulife Investment Management Private Markets (US) LLC for approximately $310 million on October 3, 2025. The acquisition will be funded by primarily utilizing existing sources of liquidity. After factoring in estimated closing adjustments and proceeds from facility-level financings, including the third party cash equity investor in a subset of the portfolio, Clearway Energy expects its net capital commitment to acquire the portfolio to be between $210 million and $230 million. For 12 facilities in the portfolio located in the Western U.S. and comprising of 227 MW, Clearway Energy will co-invest in a 50/50 joint venture with a third-party cash equity investor.
The consummation of the transaction is subject to customary closing conditions and certain third-party approvals and is expected in the second half of 2026.
TD Securities acted as exclusive financial advisor to Deriva Energy and Manulife Investment Management. Anuncio • Nov 05
Clearway Energy, Inc. Declares Quarterly Dividend on Class A and Class C Common Stock, Payable on December 15, 2025 On November 3, 2025, Clearway Energy, Inc.’s Board of Directors declared a quarterly dividend on Class A and Class C common stock of $0.4528 per share payable on December 15, 2025, to stockholders of record as of December 1, 2025. Anuncio • Oct 14
Clearway Energy, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Clearway Energy, Inc. announced that they will report Q3, 2025 results on Nov 04, 2025 Anuncio • Jul 11
Clearway Energy, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Clearway Energy, Inc. announced that they will report Q2, 2025 results on Aug 05, 2025 Anuncio • Jul 08
Clearway Energy, Inc. Announces Board Changes Clearway Energy, Inc. received a notice of resignation from Emmanuel Barrois, informing the Company of his intention to resign from the board of directors effective as of the close of business on July 1, 2025. Mr. Barrois’ resignation from the Board was not the result of any disagreement with the Company. On July 7, 2025, the Board elected Paige Goodwin to replace Mr. Barrois and to serve as a member of the Board and a member of the Energy Risk Management Committee of the Board, effective as of such date. Ms. Goodwin currently serves as VP – U.S. Renewables Portfolio for TotalEnergies. She has been employed by TotalEnergies since 2014, and has held a variety of business and legal leadership roles, including as Senior Manager – U.S. Petrochemicals JVs and New Ventures; Assistant General Counsel – U.S. Litigation; and Assistant General Counsel – U.S. Refining & Chemicals. Prior to joining TotalEnergies, Ms. Goodwin was a litigation attorney at Baker Botts L.L.P. in Houston. Ms. Goodwin received her Juris Doctor from the University of Pennsylvania Law School, and her Bachelor of Arts from Duke University. Anuncio • Mar 14
Clearway Energy, Inc., Annual General Meeting, Apr 22, 2025 Clearway Energy, Inc., Annual General Meeting, Apr 22, 2025. Anuncio • Feb 18
Clearway Energy, Inc. Increases Quarterly Dividend, Payable on March 17, 2025 Clearway Energy, Inc. announced that on February 17, 2025, its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of $0.4312 per share payable on March 17, 2025, to shareholders of record as of March 3, 2025. This quarterly dividend represents $1.7248 per share on an annualized basis, an increase of 1.7% over the fourth quarter 2024 dividend of $0.4240 per share, or $1.6960 per share annualized. Anuncio • Jan 24
Clearway Energy, Inc. to Report Q4, 2024 Results on Feb 24, 2025 Clearway Energy, Inc. announced that they will report Q4, 2024 results on Feb 24, 2025 Board Change • Dec 30
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Jennifer Lowry was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Anuncio • Nov 26
Clearway Energy, Inc. (NYSE:CWEN.A) agreed to acquire Tuolumne Wind Project from Turlock Irrigation District. Clearway Energy, Inc. (NYSE:CWEN.A) agreed to acquire Tuolumne Wind Project from Turlock Irrigation District on November 25, 2024. Anuncio • Nov 02
Clearway Energy, Inc. Declares Quarterly Dividend on Class A and Class C Common Stock, Payable on December 16, 2024 Clearway Energy, Inc. declared a quarterly dividend on Class A and Class C common stock of $0.4240 per share payable on December 16, 2024, to stockholders of record as of December 2, 2024. Declared Dividend • Nov 01
Third quarter dividend of US$0.42 announced Shareholders will receive a dividend of US$0.42. Ex-date: 2nd December 2024 Payment date: 16th December 2024 Dividend yield will be 6.5%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (165% earnings payout ratio). However, it is covered by cash flows (85% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 84% to bring the payout ratio under control. EPS is expected to grow by 17% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Anuncio • Oct 18
Clearway Energy, Inc. Announces Resignation of Vincent Stoquart from the Board of Directors, Effective October 23, 2024 On October 10, 2024, Vincent Stoquart informed Clearway Energy, Inc. of his intention to resign from the board of directors of the Company effective as of the close of business on October 23, 2024. Mr. Stoquart’s resignation from the Board was not the result of any disagreement with the Company. Anuncio • Oct 10
Clearway Energy, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Clearway Energy, Inc. announced that they will report Q3, 2024 results on Oct 30, 2024 Upcoming Dividend • Aug 28
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 03 September 2024. Payment date: 16 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.8%). Declared Dividend • Aug 05
Second quarter dividend of US$0.42 announced Shareholders will receive a dividend of US$0.42. Ex-date: 3rd September 2024 Payment date: 16th September 2024 Dividend yield will be 6.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (208% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 131% to bring the payout ratio under control. EPS is expected to grow by 76% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.44 (vs US$0.33 in 2Q 2023) Second quarter 2024 results: EPS: US$0.44 (up from US$0.33 in 2Q 2023). Revenue: US$366.0m (down 9.9% from 2Q 2023). Net income: US$51.0m (up 34% from 2Q 2023). Profit margin: 14% (up from 9.4% in 2Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year. Anuncio • Aug 01
Clearway Energy, Inc. Announces Quarterly Dividend, Payable September 16, 2024 Clearway Energy, Inc. declared a quarterly dividend on Class A and Class C common stock of $0.4171 per share payable on September 16, 2024, to stockholders of record as of September 3, 2024. Anuncio • Jul 11
Clearway Energy, Inc. to Report Q2, 2024 Results on Aug 01, 2024 Clearway Energy, Inc. announced that they will report Q2, 2024 results on Aug 01, 2024 Upcoming Dividend • May 27
Upcoming dividend of US$0.41 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 17 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.7%). Declared Dividend • May 13
First quarter dividend of US$0.41 announced Shareholders will receive a dividend of US$0.41. Ex-date: 3rd June 2024 Payment date: 17th June 2024 Dividend yield will be 6.7%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (239% earnings payout ratio). However, it is covered by cash flows (82% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 165% to bring the payout ratio under control. EPS is expected to grow by 87% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • May 09
First quarter 2024 earnings released First quarter 2024 results: US$0.017 loss per share. Revenue: US$263.0m (down 8.7% from 1Q 2023). Net loss: US$2.00m (flat on 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Anuncio • Apr 11
Clearway Energy, Inc. to Report Q1, 2024 Results on May 09, 2024 Clearway Energy, Inc. announced that they will report Q1, 2024 results on May 09, 2024 Anuncio • Mar 16
Clearway Energy, Inc., Annual General Meeting, Apr 25, 2024 Clearway Energy, Inc., Annual General Meeting, Apr 25, 2024, at 09:00 US Eastern Standard Time. Agenda: To elect eleven directors; to approve, on a non-binding advisory basis, Clearway Energy, Inc.’s executive compensation; to ratify the appointment of Ernst & Young LLP as Clearway Energy, Inc.’s independent registered public accounting firm for the 2024 fiscal year; and to consider other matters. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: US$0.68 (vs US$4.97 in FY 2022) Full year 2023 results: EPS: US$0.68 (down from US$4.97 in FY 2022). Revenue: US$1.31b (up 10% from FY 2022). Net income: US$79.0m (down 86% from FY 2022). Profit margin: 6.0% (down from 49% in FY 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Feb 22
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 29 February 2024. Payment date: 15 March 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.3%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (3.6%). Declared Dividend • Feb 19
Third quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 29th February 2024 Payment date: 15th March 2024 Dividend yield will be 7.2%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (328% earnings payout ratio). However, it is covered by cash flows (63% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 264% to bring the payout ratio under control. EPS is expected to grow by 121% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Anuncio • Feb 15
Clearway Energy, Inc. Declares Quarterly Dividend on Class A and Class C Common Stock, Payable on March 15, 2024 Clearway Energy, Inc. announced that on February 14, 2024, its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of $0.4033 per share payable on March 15, 2024, to shareholders of record as of March 1, 2024. This quarterly dividend represents $1.6132 per share on an annualized basis, an increase of 1.7% over the fourth quarter 2023 dividend of $0.3964 per share, or $1.5856 per share annualized. Anuncio • Jan 25
Clearway Energy, Inc. to Report Q4, 2023 Results on Feb 22, 2024 Clearway Energy, Inc. announced that they will report Q4, 2023 results on Feb 22, 2024 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €22.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Renewable Energy industry in Germany. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €36.63 per share. Upcoming Dividend • Nov 24
Upcoming dividend of US$0.40 per share at 7.4% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.6%). Anuncio • Nov 03
Clearway Energy, Inc. Declares Quarterly Dividend on Class A and Class C Common Stock, Payable on December 15, 2023 On August 7, 2023, Clearway Energy, Inc.’s Board of Directors declared a quarterly dividend on Class A and Class C common stock of $0.3964 per share payable on December 15, 2023, to stockholders of record as of December 1, 2023. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.034 (vs US$0.27 in 3Q 2022) Third quarter 2023 results: EPS: US$0.034 (down from US$0.27 in 3Q 2022). Revenue: US$371.0m (up 9.1% from 3Q 2022). Net income: US$4.00m (down 88% from 3Q 2022). Profit margin: 1.1% (down from 9.4% in 3Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Anuncio • Oct 17
Clearway Energy, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Clearway Energy, Inc. announced that they will report Q3, 2023 results on Nov 02, 2023 Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €19.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Renewable Energy industry in Germany. Total loss to shareholders of 2.1% over the past three years. Upcoming Dividend • Aug 24
Upcoming dividend of US$0.39 per share at 6.6% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.5%). New Risk • Aug 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 44% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Dividend is not well covered by earnings (212% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.3% net profit margin). Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: US$0.33 (vs US$4.87 in 2Q 2022) Second quarter 2023 results: EPS: US$0.33 (down from US$4.87 in 2Q 2022). Revenue: US$406.0m (up 10% from 2Q 2022). Net income: US$38.0m (down 93% from 2Q 2022). Profit margin: 9.4% (down from 155% in 2Q 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Anuncio • Jul 14
Clearway Energy, Inc. to Report Q2, 2023 Results on Aug 08, 2023 Clearway Energy, Inc. announced that they will report Q2, 2023 results on Aug 08, 2023 Upcoming Dividend • May 24
Upcoming dividend of US$0.38 per share at 5.3% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.7%). Reported Earnings • May 05
First quarter 2023 earnings released First quarter 2023 results: Revenue: US$288.0m (up 35% from 1Q 2022). Net income: US$0 (up US$32.0m from 1Q 2022). Profit margin: 0% (up from net loss in 1Q 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.0% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Anuncio • May 05
Clearway Energy Declares Quarterly Dividend Payable on June 15, 2023 On May 3, 2023, Clearway Energy, Inc.’s Board of Directors declared a quarterly dividend on Class A and Class C common stock of $0.3818 per share payable on June 15, 2023, to stockholders of record as of June 1, 2023. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$16.63 (vs US$0.44 in FY 2021) Full year 2022 results: EPS: US$16.63 (up from US$0.44 in FY 2021). Revenue: US$1.19b (down 7.5% from FY 2021). Net income: US$582.0m (up US$531.0m from FY 2021). Profit margin: 49% (up from 4.0% in FY 2021). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.4% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 139% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 21
Upcoming dividend of US$0.37 per share at 4.7% yield Eligible shareholders must have bought the stock before 28 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (4.7%). Anuncio • Feb 17
Clearway Energy, Inc. Declares Quarterly Dividend on Class A and Class C Common Stock Payable on March 15, 2023 Clearway Energy, Inc. announced that its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of $0.3745 per share payable on March 15, 2023, to shareholders of record as of March 1, 2023. This quarterly dividend represents $1.498 per share on an annualized basis, an increase of 2.0% over the fourth quarter 2022 dividend of $0.3672 per share, or $1.469 per share annualized. Anuncio • Feb 02
Clearway Energy, Inc. to Report Q4, 2022 Results on Feb 23, 2023 Clearway Energy, Inc. announced that they will report Q4, 2022 results on Feb 23, 2023 Upcoming Dividend • Nov 23
Upcoming dividend of US$0.37 per share Eligible shareholders must have bought the stock before 30 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.6%). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Jennifer Lowry was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 09
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Jennifer Lowry was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$0.27 (vs US$0.18 in 3Q 2021) Third quarter 2022 results: EPS: US$0.27 (up from US$0.18 in 3Q 2021). Revenue: US$340.0m (down 3.1% from 3Q 2021). Net income: US$32.0m (up 52% from 3Q 2021). Profit margin: 9.4% (up from 6.0% in 3Q 2021). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 24
Upcoming dividend of US$0.36 per share Eligible shareholders must have bought the stock before 31 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (3.7%). Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: US$4.87 (vs US$0.30 in 2Q 2021) Second quarter 2022 results: EPS: US$4.87 (up from US$0.30 in 2Q 2021). Revenue: US$368.0m (down 3.2% from 2Q 2021). Net income: US$570.0m (up US$535.0m from 2Q 2021). Over the next year, revenue is forecast to grow 6.2% compared to a 16% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 24
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 31 May 2022. Payment date: 15 June 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.6%). Reported Earnings • May 06
First quarter 2022 earnings released: US$0.28 loss per share (vs US$0.026 profit in 1Q 2021) First quarter 2022 results: US$0.28 loss per share (down from US$0.026 profit in 1Q 2021). Revenue: US$214.0m (down 9.7% from 1Q 2021). Net loss: US$32.0m (down US$35.0m from profit in 1Q 2021). Over the next year, revenue is forecast to grow 17% compared to a 16% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Jennifer Lowry was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Jennifer Lowry was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 01
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.44 (up from US$0.22 in FY 2020). Revenue: US$1.29b (up 7.3% from FY 2020). Net income: US$51.0m (up 104% from FY 2020). Profit margin: 4.0% (up from 2.1% in FY 2020). Revenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 11% compared to a 42% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 21
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 28 February 2022. Payment date: 15 March 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.5%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.6%).