Annual Report 2018

We are growing as a network!

 

Detailed Report

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BKW successfully positioned in growth markets

Despite negative electricity price effects, BKW recorded another very strong operating result in 2018. The key factors in this result were the further development of the Services business, the ongoing expansion of renewable energies and the consistent cost management. Revenue rose by 7% to CHF 2,675 million. At CHF 417 million, the reported operating profit (EBIT) was 10% higher than the previous year’s highly positive result. The comparable net profit increased by 11% to CHF 239 million.

Highlights 2018

Our company now employs more than 7,000 people. Two thirds of our employees work in the Services business area. 

More companies are joining BKW Engineering and are strengthening the group. We have a strong skill network across Germany, Austria and Switzerland and offer comprehensive planning and consulting services for energy, infrastructure and environmental projects.

We are adding more companies to our network with BKW Building Solutions. We are consolidating our Swiss building technology network and providing our customers with solutions they can use to build, convert or renovate their properties for a liveable future.

In June 2018, we received the decommissioning order, which has been legally binding since September. On 20 December 2019, the Mühleberg Nuclear Power Plant will be removed from the grid and will then be safely and efficiently decommissioned.

Every year, we invest over CHF 100 million in maintaining and expanding our supply infrastructure. As part of this, we are optimising our grids with a view to digitalisation. We are making them intelligent and preparing them for the integration of decentralised and fluctuating energy production.

«The group’s key to success is its transformation.»

Suzanne Thoma, CEO

The Services sector which has grown profitably and our new wind farms in France have had a positive impact on our results.

Play video  Shareholders' letter

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«The group’s key to success is its transformation»

Suzanne Thoma, CEO

The Services sector which has grown profitably and our new wind farms in France have had a positive impact on our results.

Play video  Shareholders' letter

Facts & Figures

Operating revenue*
Operating revenue*
EBIT*
EBIT*
Net profit*
Net profit*

(*Comparable figures)

Services

Operating revenue
EBIT
Employees

Detailed Annual Report

Read our detailed annual report online or download the PDF version.

Annual Report online  Annual Report as a PDF

Solutions for a liveable future

Throughout the course of 2019, we will be launching our new series of videos. Remember: BKW makes it happen! Our short commercials will highlight solutions from our five fields of expertise: BKW Building Solutions, BKW Engineering, BKW Infra Services, BKW Energy and BKW Power Grid.

Because we know that impressive results are achieved through a strong network of people who pull together and combine their ideas. “Regional base, international reach, and together we are unbeatable” – we work together with our customers to find the best solutions.

On our way to becoming the leading energy and infrastructure services provider, we take the long view and are active in doing our part for the key issues faced by society. Combining an efficient mindset with an entrepreneurial spirit, we create infrastructure for the liveable spaces of the future.