Half-Year Report 2019

We are growing as a network!

 

Detailed Report

Scroll

BKW significantly increases revenue and profit

With the profitable expansion of its Services business and its strong international trading, BKW increased revenue by 7% over the previous year’s period to reach CHF 1,370 million. The net profit increased by 59% to reach CHF 201 million. Operating cash flow grew by 27% to CHF 132 billion. The transformation of BKW towards a leading energy and infrastructure service provider is progressing well.

Highlights 2019

More than two thirds of our approximately 8000 employees work in the Services business area (Building Solutions, Engineering and Infra Services).

With an international service network that now encompasses around 100 companies, we offer our customers a comprehensive range of services.

On 20 December, the Mühleberg Nuclear Power Plant (KKM) will be removed from the grid. We made the decision to decommission the KKM back in 2013. Since then, specialists have been meticulously planning the decommissioning.

The new substation in Bassecourt was inaugurated in June 2019. The modernisation of the central hub for the electricity supply in Jura is a milestone.

In March 2019, we inaugurated an onshore wind farm in Marker in south-east Norway. In doing so, we are furthering our commitment to CO2-neutral energy production and consolidating our role as a leading Swiss operator of wind farms, both in Switzerland and abroad.

«The companies that we are acquiring suit us well.»

Suzanne Thoma, CEO

BKW is shining with a very good half-year result for 2019. CEO Suzanne Thoma explains why BKW is so successful. And she is optimistic about the second half of the year.

Play video  Foreword

Scroll

«The companies that we are acquiring suit us well»

Suzanne Thoma, CEO

BKW is shining with a very good half-year result for 2019. CEO Suzanne Thoma explains why BKW is so successful. And she is optimistic about the second half of the year.

Play video  foreword

Facts & Figures

Operating revenue
Operating revenue
EBIT
EBIT*
Net profit
Net profit

(*Comparable figure)

In detail

Services

Operating revenue
EBIT
Employees

Half-Year Report 2019

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

Half-Year Report online  Half-Year Report as a PDF

Solutions for a future worth living for

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.

BKW makes it happen.

How and why is energy clean?

The Berschnerbach hydroelectric power station near Walenstadt in the canton of St. Gallen is officially in operation. It covers around half of the electricity requirements of the municipality of Walenstadt and supplies 2,800 households with domestic, renewable energy.

Efficient energy from wood chip

Peter Fischer, a farmer in Schleitheim (SH), produces electricity and heat for both his farm and the nearby nursing home from his wood gas CHP plant. The installation was carried out by our subsidiary, Lutz Bodenmüller.