Announcement • May 30
Romande Energie Holding Sa Approves Board Changes The shareholders of Romande Energie Holding SA, called to attend its 124th Annual General Meeting at 27 May 2026. On the recommendation of the Board of Directors, the Annual General Meeting elected Karin Perraudin as a Board member for a one-year term, as defined in the Articles. She succeeds Alphonse-Marie Veuthey, a Board member for 15 years. Karin Perraudin, a chartered accountant, comes from a business-oriented family and holds a master's degree from HEC (University of Lausanne). She brings a solid background in corporate governance, finance and strategic management, complemented by broad and varied experience across both economic and political spheres. A former chair of the Valais Cantonal Bank, she has chaired the Board of Directors of Groupe Mutuel since 2014. She also serves on the boards of several companies and charitable foundations. Karin Perraudin was elected to this same committee, succeeding Alphonse-Marie Veuthey in the role he vacated. Upcoming Dividend • May 22
Upcoming dividend of CHF1.44 per share Eligible shareholders must have bought the stock before 29 May 2026. Payment date: 02 June 2026. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (3.7%). Announcement • May 06
Romande Energie Holding SA, Annual General Meeting, May 27, 2026 Romande Energie Holding SA, Annual General Meeting, May 27, 2026, at 17:00 W. Europe Standard Time. Declared Dividend • Apr 02
Dividend of CHF1.44 announced Dividend of CHF1.44 is the same as last year. Ex-date: 29th May 2026 Payment date: 2nd June 2026 Dividend yield will be 2.9%, which is lower than the industry average of 4.3%. Sustainability & Growth The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Announcement • Apr 01
Romande Energie Holding SA announces Annual dividend, payable on June 02, 2026 Romande Energie Holding SA announced Annual dividend of CHF 1.4400 per share payable on June 02, 2026, ex-date on May 29, 2026 and record date on June 01, 2026. Buy Or Sell Opportunity • Mar 30
Now 22% undervalued Over the last 90 days, the stock has risen 9.2% to CHF47.30. The fair value is estimated to be CHF60.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years, while earnings per share has been flat. New Risk • Mar 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 352% Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Feb 17
Romande Energie Holding SA to Report Fiscal Year 2025 Final Results on Mar 31, 2026 Romande Energie Holding SA announced that they will report fiscal year 2025 final results on Mar 31, 2026 Board Change • Jan 05
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. No independent directors (9 non-independent directors). Director Sofia de Meyer was the last director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Buy Or Sell Opportunity • Oct 22
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at CHF42.60. The fair value is estimated to be CHF35.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Sep 06
Now 22% overvalued Over the last 90 days, the stock has fallen 4.3% to CHF42.50. The fair value is estimated to be CHF34.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years, while earnings per share has been flat. Reported Earnings • Sep 05
First half 2025 earnings released: EPS: CHF1.51 (vs CHF2.54 in 1H 2024) First half 2025 results: EPS: CHF1.51 (down from CHF2.54 in 1H 2024). Revenue: CHF385.8m (down 9.3% from 1H 2024). Net income: CHF38.8m (down 41% from 1H 2024). Profit margin: 10.0% (down from 15% in 1H 2024). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Electric Utilities industry in Europe. Upcoming Dividend • May 09
Upcoming dividend of CHF1.44 per share Eligible shareholders must have bought the stock before 16 May 2025. Payment date: 20 May 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (4.7%). Announcement • Apr 23
Romande Energie Holding SA, Annual General Meeting, May 14, 2025 Romande Energie Holding SA, Annual General Meeting, May 14, 2025, at 17:00 W. Europe Standard Time. New Risk • Apr 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 152% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). New Risk • Apr 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Announcement • Apr 09
Romande Energie Holding SA announces Annual dividend, payable on May 20, 2025 Romande Energie Holding SA announced Annual dividend of CHF 1.4400 per share payable on May 20, 2025, ex-date on May 16, 2025 and record date on May 19, 2025. Announcement • Mar 13
Romande Energie Holding SA Appoints François Fellay as CEO, Effective by 1 October 2025 The Board of Directors of Romande Energie Holding SA has named François Fellay as its future CEO. He will take up his position by 1 October 2025, following on from Christian Petit, who successfully positioned the Group as a key player in decarbonisation and sustainability efforts in Western Switzerland. Patrick Bertschy, the Interim CEO, will assist him as he takes on these new responsibilities. Following the departure of Christian Petit, the CEO since 2019, a formal recruitment process was initiated. The Board of Directors appointed François Fellay as his successor at the helm of the Romande Energie Group. He will take up his position by 1 October 2025 at the latest.François Fellay (48), a Swiss national, is currently Managing Director of OIKEN SA, an energy distributor based in Sion. François is an alumnus of the Swiss Graduate School of Public Administration (IDHEAP) and has extensive experience in the energy industry, including expert knowledge of the regulatory landscape. He was also a Romande Energie employee between 2003 and 2011. As CEO, he will be responsible for developing and implementing the Group's strategy, boosting growth and business performance, and implementing the organisational structure and metrics to ensure that the strategy can be adhered to. Board Change • Nov 22
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. No independent directors (9 non-independent directors). Director Sofia de Meyer was the last director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Oct 23
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. No independent directors (9 non-independent directors). Director Sofia de Meyer was the last director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Oct 01
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: 18% Last year net profit margin: 27% 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 Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (18% net profit margin). Board Change • Aug 23
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. No independent directors (9 non-independent directors). Director Sofia de Meyer was the last director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • May 24
Upcoming dividend of CHF1.44 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 04 June 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (5.5%). Board Change • May 03
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. No independent directors (9 non-independent directors). Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Apr 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 26% per year for the foreseeable future. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Board Change • Mar 14
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. No independent directors (9 non-independent directors). Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Feb 08
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. No independent directors (9 non-independent directors). Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Oct 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 08
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 13
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 29
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 06
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Board Change • Sep 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Nicolas Fulpius was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.