Germany's clearvise 9M revenue rises on higher electricity production
Overview
Germany renewable energy producer's 9M 2026 revenue rose to EUR 32.5 mln from EUR 30.3 mln
Adjusted EBITDA for 9M 2026 increased to EUR 22.0 mln from EUR 19.1 mln
Company reduced financial liabilities by EUR 9.2 mln and confirmed 2026 full-year forecast
Outlook
clearvise confirms 2026 full-year revenue forecast of EUR 44.2 mln to EUR 46.5 mln
Company expects 2026 adjusted EBITDA of EUR 26.7 mln to EUR 28.7 mln
clearvise forecasts 2026 annual electricity production of 554 to 584 GWh
Result Drivers
HIGHER ELECTRICITY PRODUCTION - Co said increased electricity production contributed to higher revenue and earnings
ELECTRICITY PRICES - Co benefited from higher electricity prices, though majority of revenues remain secured through tariffs and PPAs
PORTFOLIO OPTIMIZATION - Co cited ongoing portfolio optimization and disciplined capital allocation as supporting improved results
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
9M Revenue | EUR 32.5 mln | ||
9M Adjusted EBITDA | EUR 22 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electric utilities peer group is "buy"
Wall Street's median 12-month price target for Clearvise AG is €2.20, about 93% above its November 12 closing price of €1.14
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 19 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)