Investment
Working together towards a sustainable future
Since the company was first established, W.E.B has regarded the energy transition as a common endeavor based on the concept of community participation. W.E.Bâs first wind turbines were constructed with funds supplied by a group of genuine enthusiasts. Thatâs how our first project companies came to be.
In 1999, the company finally became a stock corporation: WEB Windenergie AG has remained true to the principle that many people can work together to achieve great things, even if each one only contributes a small amount. The W.E.B shares are registered shares which are not listed on the stock exchange. Investors can become involved or pull out at any time, with a low threshold and flexible manner.
WEB Windenergie AG now has public shares held by more than 5,500 shareholders. Each and every stakeholder has helped to make the company what it is today: an internationally active enterprise with subsidiaries in eight countries.
Interim report on the first half of 2022
08/2022
Increase in sales revenue despite moderate wind conditions
While the changes between cool and mild weather situations ensured a successful month of April, the weak wind conditions of May and June resulted in production results clearly below target. Even though the photovoltaic power segment benefitted from lots of sun in April, May and June, Italy was not able to deliver as expected due to cloudy weather.
All in all, the first half of 2022 fell short of the defined production target by 5 percent. In the same period in 2021, W.E.B recorded a production minus of 8 percent. Aside from newly commissioned power plants in 2021, it was primarily the changing situation on electricity markets that had a positive effect on the Groupâs sales revenue.
The W.E.B Group concluded the first six months of 2022 with a generated sales revenue of MEUR 89.8. This corresponds to an increase of 67 percent compared to last yearâs first half year. Earnings before taxes amount to MEUR 29.3.
A series of power plant projects are about to take shape: in late May, Austria started construction on wind farm expansions in DĂŒrnkrut and Velm-Götzendorf. The foundations for the three new wind turbines with a total of 16.8 MW will be laid next fall; the plants are scheduled to be commissioned in mid-2023. For the wind farm in Velm-Götzendorf, W.E.B concluded a long-term electricity supply contract with OMV, the supplied electricity enabling them to produce green hydrogen.
The plant components for the Silver Maple (USA) wind power project with an installed capacity of 20 MW were delivered in June; construction work has already begun. The project will be connected to the grid in Q4 2022.
The PV project on the premises of the Brantner company in Laa an der Thaya will be expanded. After the tenth PV system was installed in late January 2022, three more are about to follow: an open-field project with a capacity of 446 kWp as well as additional 446 kWp on the remaining roof areas until Q4 2022.
Corporate governance
As a community participation company, W.E.B is particularly conscious of its obligation to ensure responsible and transparent corporate governance. Since mid-2006, WEB Windenergie AG has been committed to compliance with the Austrian Code of Corporate Governance (ĂCGK). This code has been applied with certain provisos and clarifications, which are published each year in the companyâs annual report.
More questions about investing in W.E.B?
Head of Communications & Investor Relations
Mbeate.zoechmeister@web.energy
T+43 2848 6336 - 19
We will be happy to assist you!
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Risks associated with securities:
Past share performance does not guarantee future developments. Share prices can fluctuate. In the absence of a regulated market or inclusion in a multilateral trading system, shareholders may find shares difficult or impossible to sell. If suitable profits are not recorded or if relevant decisions are made at a general meeting, shareholders may receive limited or no dividends. Shareholders may lose their entire investment in certain circumstances, such as the insolvency of the issuer. The sale of shares on credit carries with it increased risk. Taxation-related risks. Shareholders who own or purchase a share in the issuer exceeding 10% of the share capital do not receive a commensurate influence over the company in the form of voting rights. Changes to applicable laws, regulations or administrative practices can have adverse effects on the issuer, new shares and/or investors. This company is not subject to takeover laws, and the protective measures in such legislation do not apply to our shareholders.
