Groupe OKWIND Announces Solid Commercial and Financial Performance for 2023

Regulatory News:

Groupe OKWIND (FR0013439627 – ALOKW), which is specialized in the design, manufacture and sale of smart energy generation and management systems dedicated to self-consumption, today announces its consolidated 2023 results and its revenue for the first quarter of 2024, as approved by the Board of Directors on April 23, 2024.

Louis MAURICE, Founder and Chairman of Groupe OKWIND, comments: “During the 2023 financial year, Groupe OKWIND delivered a solid commercial and financial performance, reflecting the relevance of its positioning in favor of individual and collective energy self-consumption. As part of our ongoing development strategy, in early 2024, we secured major multi-year commitments in the industry/local authorities business line. Thanks to these achievements, the Group now has the organization and resources needed to tackle the new phase of growth that is ahead and has confirmed all its financial targets set for 2024 and 2026".

Simplified income statement

in €million	12/2023	12/2022	Change in %
Revenue	82.5	41.8	+97%
of which BtoB	75.2	37.1	+103%
of which BtoC	7.2	4.7	+54%
Other operating income	1.4	2.4	-39%
Purchases consumed	(40.0)	(21.4)	+87%
Personnel costs	(14.1)	(9.3)	+52%
Other operating expenses	(16.4)	(8.9)	+84%
Taxes	(0.4)	(0.3)	+39%
EBITDA