Investor Relations

(Basis: Consolidated Financial Statements)

	2024	2023	2022	2021	2020	2019	2018	2017
Share price as of 31.12.	40.60	110.00	117.00	128.00	116.00	133.00	72.00	41.50
Earnings per share	2.75	22.55	9.87	4.35	3.18	5.93	5.93	3.95
EBITDA per share	16.00	29.84	13.66	12.59	8.40	17.16	19.95	13.54
EBIT per share	9.37	23.24	7.73	6.49	4.64	9.87	11.08	7.04
Dividende per share, CHF	-	1.70	1.60	1.10	1.10	1.10	1.00	0.60

Proposed waiver of dividend in 2025 due to significant investments

Maintained by
Computershare Schweiz AG
Baslerstrasse 90
P.O. Box
4601 Olten

Contact
share.register@computershare.ch
Tel. +41 62 205 77 00
Fax +41 62 205 77 90

Detailed information
Security number: 2’473’640
ISIN: CH0024736404
Trading currency: CHF
Exchange: SIX Swiss Exchange

as of 31 December of the year in review

The complete text of the Articles of Association is available for download only in German.

Download PDF 

Voting rights and proxies at annual general meetings

• Every registered share with voting rights entitles the holder to one vote at the annual general meeting of Edisun Power Europe Ltd.

• Legal entities and legal communities connected by capital, voting rights or management, or in any other way, are regarded as a single shareholder.

• The same applies to persons/entities and legal communities acting in a coordinated manner with a view to circumventing the limitation on registration.

• The limitation on voting rights does not apply to portfolio or independent proxies within the meaning of Art. 689c of the Swiss Code of Obligations.

• Any shareholder having voting rights may arrange for his/her shares to be represented by another shareholder recorded in the register of shareholders.

• Portfolio proxies within the meaning of Art. 689d of the Swiss Code of Obligations and the independent proxy need not be shareholders.

Quorums under the Articles of Association

Votes and elections at the annual general meeting are conducted on the basis of an absolute majority of the votes represented, taking account of the limitation on voting rights, except where otherwise stipulated by law or the Articles of Association.

Convening the annual general meeting

• The annual general meeting is held no later than six months after the end of the financial year.

• Invitations are sent out at least 20 days before the date of the meeting.

• Extraordinary general meetings may be convened at any time, as necessary, and in particular when required by law.

• General meetings are convened by the Board of Directors and if necessary the auditors.

• Shareholders with voting rights representing at least 10% of the share capital may submit to the Board of Directors a written request, giving reasons, for an extraordinary general meeting to be convened.

• The Board of Directors arranges for the items to be placed on the agenda.

• Shareholders with voting rights representing at least 10% of the equity capital or shareholders who represent shares with a par value of at least CHF 1 million may request that an item be placed on the agenda. Submissions to this effect must be sent to the Chair of the Board of Directors no later than 45 days before the meeting.

The headquarters of Edisun Power Europe Ltd. are in Zurich.
Edisun Power Europe Ltd. also combines the following subsidiaries under one roof.
Download PDF

• At the annual general meeting held on 12 May 2017, BDO AG was appointed as auditor of Edisun Power Europe AG and group auditor for a period of one year.

• In 2024 BDO AG was reappointed and Andreas Forster is responsible for the existing auditing mandate as lead auditor. 

Information channels used by the external auditors

• The external auditors report their findings annually to the audit committee of the Board of Directors.

• The audit committee of the Board of Directors monitors the performance, compensation and independence of the auditors on a regular basis.

• The audit committee regularly reports to the Board of Directors on the matters it has discussed.

Members and internal organisation

(Summary, full version please see Corporate Governance Report and Organisational Regulations [in German].)

Details of the members of the Board of Directors and Executive Board are available under the following links:

Members of the Board of Directors >>

Members of the Executive Board >>

Under the Articles of Association of the Edisun Power Group, the Board of Directors consists of a minimum of three and a maximum of nine members. The Board of Directors currently consists of five members.

• Electoral body: annual general meeting
• Term of office: elected for one year, re-election possible

Internal organization

The Board of Directors has overall responsibility for the business strategy and management of the Edisun Power Group.

The Board of Directors is the supreme decision-making body, and lays down guidelines in the following areas:

• Strategy
• Organization
• Financial planning
• Accounting

The Board of Directors has transferred responsibility for day-to-day business to its delegate.

The Board of Directors takes decisions on all matters concerning the company collectively.

Frequency of meetings

The Board of Directors of Edisun Power Europe Ltd. met for a total of five meetings in the 2023 financial year (five ordinary meetings and one extraordinary) and did not hold any additional telephone conference.

Agenda

The Chair of the Board of Directors decides on the items to be placed on the agenda. In addition, any member of the Board may request that an item be included.

The members of the Board receive full documentation before each Board meeting to enable them to prepare sufficiently.

Committees

The Board of Directors has set up the following committees:

• Audit committee
• Nomination and compensation committee

The chairs of these committees are appointed by the Board of Directors. The committees meet regularly and are obliged to produce minutes and recommendations for the scheduled meetings of the Board. The chair of the committee decides on the items to be placed on the agenda.

Audit committee

The audit committee is made up of three members of the Board of Directors.

• Term of office: one year, re-election possible

The current members of the audit committee are:

• Fulvio Micheletti, Chairman (member since May 29, 2015)
• Reto Klotz (member since April 24, 2020)
• Marc Klingelfuss (member since April 23, 2021)

The audit committee meets as often as is necessary, but at least two times a year. These meetings are also attended by the CEO and CFO as well as representatives of the external auditors, where necessary.

The audit committee of Edisun Power Europe Ltd. met for a total of three regularly scheduled meetings in the 2023 financial year.

On behalf of the full Board of Directors, the audit committee reviews matters including

• the work and effectiveness of the external auditors;
• the company's financial control systems, financial structure and the risk management control systems;
• the Group’s semi-annual and annual reports.

Nomination and compensation committee

The nomination and compensation committee is made up of three members of the Board of Directors and is is elected by the Annual General Meeting.

• Term of office: one year, re-election possible

The current members of the nomination and compensation committee are:

• Fulvio Micheletti, Chairman (member since May 29, 2015)
• Reto Klotz (member since May 18, 2018)
• Marc Klingelfuss (member since April 26, 2024)

The nomination and compensation committee meets as often as is necessary, but at least once a year. 

The nomination and compensation committee of Edisun Power Europe Ltd. met once in the 2022 financial year during regular scheduled Board meetings.

The committee’s primary tasks are:

• to review the composition and level of the compensation paid to the Board of Directors and the Executive Board;
• to select suitable candidates for election to the Board of Directors;
• to nominate candidates for the Executive Board on the recommendation of the CEO; and
• to submit applications and staff proposals to this effect to the Board of Directors.

Rules on responsibilities

• The Board of Directors of Edisun Power Europe AG is responsible for the management of the company, except in matters reserved by law for the annual general meeting.
• The Board of Directors is responsible to the shareholders for the performance of the company.
• It takes decisions on all matters not reserved by law, the company’s Articles of Association or its organizational regulations to another of its executive bodies.

Information and control tools

The Executive Board reports regularly to the Board of Directors during meetings of the Board of Directors and the committees. At each Board meeting, the CEO and CFO report on the status of ongoing business and any significant business events.

The Board of Directors also:

• receives consolidated financial statements (balance sheet, income statement and cash flow statement) on a semi-annual and annual basis;
• receives monthly reports on the progress of projects, output data comparisons and acquisition plans;
• holds informal telephone conferences between individual Board members and the CEO and CFO as required;
• may (in the person of any of its members) request information in connection with all matters relevant to the company;

• receives annual reports from the Executive Board regarding current risks and risk limitation measures.

The Board of Directors of Edisun Power issues the Organizational Regulations based on Art. 716b OR and Art. 14 - 20 of the Articles of Association, as a basis for the organization of the company.

Here you will find the current regulations: 

Organisational Regulations, Download as PDF
(in German)

Edisun Power Europe is committed to sustainable growth in the company value. As a listed and privately owned company, it upholds the interests of its

• customers,
• employees and
• shareholders.

The company’s strategy is systematically aligned with these interests.

Download Code of Conduct