FRANKFURT (dpa-AFX) - Energiekontor shares are heading for the interim low of March 2023 with double-digit price losses on Maundy Thursday. The shares of the wind and solar park developer fell by almost 13 percent to 62.10 euros in the morning. The discount for the current year is now around a quarter.

Warburg analyst Jan Bauer praised the record results for the past year. However, the outlook is disappointing at first glance. He had expected pre-tax earnings (Group EBT) of 90 million euros. However, a result in the range of 30 to 70 million euros is now only envisaged. In 2023, it was still 95.5 million euros.

The company explains the wide range with the uncertainty regarding the scope and timing of the planned sale of British projects./ag/jha/