Encavis Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Christoph Husmann

Chief executive officer

€1.2m

Total compensation

CEO salary percentage	41.8%
CEO tenure	10.8yrs
CEO ownership	n/a
Management average tenure	3.8yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christoph Husmann's remuneration changed compared to Encavis's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-€15m
Jun 30 2024	n/a	n/a	€19m
Mar 31 2024	n/a	n/a	€34m
Dec 31 2023	€1m	€500k	€53m
Sep 30 2023	n/a	n/a	€64m
Jun 30 2023	n/a	n/a	€64m
Mar 31 2023	n/a	n/a	€72m
Dec 31 2022	€2m	€500k	€78m
Sep 30 2022	n/a	n/a	€93m
Jun 30 2022	n/a	n/a	€84m
Mar 31 2022	n/a	n/a	€89m
Dec 31 2021	€2m	€500k	€75m
Sep 30 2021	n/a	n/a	€42m
Jun 30 2021	n/a	n/a	€35m
Mar 31 2021	n/a	n/a	€12m
Dec 31 2020	€1m	€425k	€10m
Sep 30 2020	n/a	n/a	€6m
Jun 30 2020	n/a	n/a	€20m
Mar 31 2020	n/a	n/a	€15m
Dec 31 2019	€1m	€400k	€22m

Compensation vs Market: Christoph's total compensation ($USD1.25M) is below average for companies of similar size in the German market ($USD1.92M).

Compensation vs Earnings: Christoph's compensation has been consistent with company performance over the past year.

CEO

Christoph Husmann (59 yo)

10.8yrs

Tenure

€1,195,000

Compensation

Dr. Christoph Husmann is a Member of Advisory Board at IKB Deutsche Industriebank AG since January 2022. He serves as Chairman of Supervisory Board at Encavis Asset Management AG. He serves as Spokesman of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christoph Husmann	CFO, Chairman & Spokesman of Management Board	10.8yrs	€1.20m	no data
Mario Schirru	COO, CIO & Member of Management Board	2.3yrs	€843.00k	no data
Michael Kubicek	Managing Director of Technical Services	no data	no data	no data
Martin Scharrer	Head of PPA Origination - Hamburg	3.8yrs	no data	no data

3.8yrs

Average Tenure

Experienced Management: ECV's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Manfred Krüper	Independent Deputy Chairman of the Supervisory Board	1.4yrs	€126.50k	0.0092% € 257.7k
Fritz Vahrenholt	Member of the Supervisory Board	12.4yrs	€90.50k	no data
Henning Kreke	Independent Member of Supervisory Board	no data	€52.50k	no data
Rolf Schmitz	Independent Chairman of the Supervisory Board	3.5yrs	€136.00k	no data
Christine Scheel	Independent Member of Supervisory Board	8.1yrs	€52.50k	no data
Thorsten Testorp	Member of the Supervisory Board	2.5yrs	€80.50k	no data
Marcus Schenck	Independent Member of the Supervisory Board	5.5yrs	€94.50k	no data
Isabella Pfaller	Independent Member of the Supervisory Board	2.5yrs	€85.50k	no data
Ayleen Gorisch	Independent Member of Supervisory Board	less than a year	no data	no data

3.0yrs

Average Tenure

59yo

Average Age

Experienced Board: ECV's board of directors are considered experienced (3 years average tenure).

Encavis Management

Management criteria checks 4/4

Key information

Recent management updates

Encavis AG, Annual General Meeting, Jun 05, 2024

Encavis AG Announces Resignation of Dierk Paskert as Chief Executive Officer, Effective December 31, 2022

Recent updates

Encavis AG (XTRA:ECV) agreed to acquire 18 MW Wind Farm in Germany.

KKR & Co. Inc. (NYSE:KKR) and Viessmann Group Gmbh & Co. Kg entered into a investment agreement to acquire 69% stake in Encavis AG (XTRA:ECV) for for €1.9 billion.

KKR & Co. Inc. (NYSE:KKR) and Viessmann Group Gmbh & Co. Kg entered into a investment agreement to acquire 69% stake in Encavis AG (XTRA:ECV) for for €1.9 billion.

Investor sentiment improves as stock rises 18%

Encavis AG (XTRA : ECV) agreed to acquire Solar park project Pozzolo.

Price target decreased by 7.4% to €19.27

Third quarter 2023 earnings released: EPS: €0.15 (vs €0.14 in 3Q 2022)

Price target decreased by 8.5% to €19.82

New minor risk - Share price stability

Encavis AG (XTRA:ECV) acquired 17-MW wind farm in Sommerland from BayWa r.e. AG.

Encavis AG (XTRA:ECV) acquired 17-MW wind farm in Sommerland from BayWa r.e. AG.

Second quarter 2023 earnings released: EPS: €0.17 (vs €0.22 in 2Q 2022)

Encavis AG to Report Q2, 2024 Results on Aug 14, 2024

Encavis AG, Annual General Meeting, Jun 05, 2024

Now 21% undervalued after recent price drop

Encavis AG (XTRA:ECV) acquired wind farm project in Bergheim from Energiekontor AG (XTRA:EKT).

Encavis AG (XTRA:ECV) acquired 11.2 MW wind farm in North Rhine-Westphalia, Germany from Energiekontor AG (XTRA:EKT).

Encavis AG (XTRA:ECV) completed the acquisition of 69.3-MW wind farm in Lithuania from E Energija UAB.

Encavis AG (XTRA:ECV) agreed to acquire 69.3-MW wind farm in Lithuania.

Encavis AG (XTRA:ECV) completed the acquisition of 14 MW solar park in Sweden.

Encavis AG to Report Q3, 2023 Results on Nov 13, 2023

Third quarter 2022 earnings released: EPS: €0.15 (vs €0.095 in 3Q 2021)

Encavis AG (XTRA:ECV) acquired 50% additional stake in Stern Energy SpA.

Encavis AG to Report Q1, 2023 Results on May 15, 2023

Encavis AG (XTRA:ECV) agreed to acquire 26 MWp solar park in Hockliffe from Industria Brand Energy Limited.

Encavis AG (XTRA:ECV) acquired 48 Megawatts Three Solar Park in Netherlands from BayWa Aktiengesellschaft (XTRA:BYW).

Second quarter 2022 earnings released: EPS: €0.22 (vs €0.29 in 2Q 2021)

Encavis Ag Raises Outlook for the Full-Year 2022

Encavis AG (XTRA:ECV) acquired 21.8-MW wind farm in Brandenburg from UKA Umweltgerechte Kraftanlagen GmbH & Co. KG.

Investor sentiment improved over the past week

Encavis AG Announces Resignation of Dierk Paskert as Chief Executive Officer, Effective December 31, 2022

First quarter 2022 earnings: EPS misses analyst expectations

Upcoming dividend of €0.30 per share

Encavis AG Proposes Dividend

Price target increased to €21.69

Price target increased to €21.69

Price target increased to €20.76

Encavis AG (XTRA:ECV) acquired Wind Farm Svoldrup.

Investor sentiment improved over the past week

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Encavis AG Proposes Dividend to the Annual General Meeting

Investor sentiment improved over the past week

Encavis AG (XTRA:ECV) acquired Two solar parks in Denmark with a generation capacity in total from European Energy A/S.

Third quarter 2021 earnings released: EPS €0.095 (vs €0.042 in 3Q 2020)

Encavis AG Approves Cash Dividend, Payable on June 30, 2021; Provides Dividend Guidance for the Year 2021

Upcoming dividend of €0.28 per share

First quarter 2021 earnings released: €0.001 loss per share (vs €0.031 loss in 1Q 2020)

Encavis AG Provides Earnings Guidance for the Year 2021

Encavis AG (XTRA:ECV) acquired Wind Farm Paltusmäki.

Full year 2020 earnings released: EPS €0.074 (vs €0.17 in FY 2019)

New 90-day low: €16.68

Price target raised to €18.28

Price target raised to €17.06

Encavis AG (XTRA:ECV) acquired additional 19.99% stake in solar park Budel located near Eindhoven in Netherlands.

New 90-day high: €23.15

Wien Energie GmbH acquired 49% stake in 36.2 MW Wind farms portfolio in Austria from Encavis AG (XTRA:CAP).

New 90-day high: €19.12

Third quarter 2020 earnings released: EPS €0.042

Revenue and earnings miss expectations

New 90-day high: €18.58

Encavis AG to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day high: €15.66

Encavis AG (XTRA:CAP) acquired the remaining 15% stake in 75-MW French solar parks portfolio.

Encavis AG to Report Q2, 2021 Results on Aug 19, 2021

Price target raised to €14.40

Earnings released

New 90-day high - €14.46

New 90-day high - €13.76

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team