Clearvise guides for lower 2024 earnings, revenues
- Admin
- May 1, 2024
- 1 min read
Clearvise AG, a German renewable energy company, reported its preliminary earnings for 2023, with revenues reaching EUR 44.8 million. The company projects a decrease in revenue for 2024, expecting between EUR 35.5 million to EUR 37 million, due to lower secured prices and higher marketing expenses. EBITDA is also expected to fall from EUR 30.3 million in 2023 to between EUR 21.8 million and EUR 23.1 million in 2024. Electricity production is anticipated to be between 440 GWh and 460 GWh, compared to 533 GWh in 2023, with Finnish wind farms contributing substantially.
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