Arise presents financial targets at Capital Markets Day

Arise AB (publ) (“Arise”) today holds its Capital Markets Day in Stockholm. Arise’s CEO Per-Erik Eriksson, together with other representatives of the company, will present an update about Arise’s business as well as introduce financial targets for the company as outlined below.

Financial targets

Project portfolio

> 10,000 MW* by the end of 2025.

Project sales or FID

> 400 MW* in total during 2024-2025.

> 500 MW* per year, on average, during 2026-2028.

EBITDA margin within Production

> 60%

Equity ratio

> 30%

Dividend

> 20% of net profit attributable to Arise’s shareholders.

* Including part-owned projects

“This illustrates our ambitious and profitable growth targets for the coming years. We are well-positioned to deliver on these, primarily due to our successful diversification regarding geography and technology which we start to see results from already. The energy market is characterized by the ongoing green transition and security of supply and will probably be so for decades ahead. We are part of the solution, and we are confident in our ability to create attractive shareholder value in the coming years”, says Arise’s CEO, Per-Erik Eriksson.

Halmstad, 12 September 2023

Arise AB (publ)
 

For further information, please contact:
Per-Erik Eriksson, CEO, Arise AB, +46 702 409 902

This information is information that Arise AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 12 September 2023 at 08.00 CEST.

About Arise

Arise is  a leading independent company that realises new green energy. The company develops, builds, sells and manages renewable electricity production. The company is listed on Nasdaq Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone 46 (0)10 450 71 00, corporate id .no. 556274-6726. E-mail info@arise.se, www.arise.se