
Swissgrid Posts Lower Profit In The First Half Of The Year
-
Deutsch
de
Swissgrid schreibt im ersten Halbjahr weniger Gewinn
Original
Read more: Swissgrid schreibt im ersten Halbjahr weniger Gewin
+ Get the most important news from Switzerland in your inbox
Net sales for the first six months of the year fell by 4% to CHF795.5 million. Profit fell by 18% to CHF45 million, the company announced on Tuesday.
+ Swiss electricity prices to fall 10% in 2025
Procurement costs fell by 14% to CHF300.2 million thanks to a more relaxed situation on the electricity markets. In contrast, operating expenses rose to CHF162.2 million from CHF145.4 million. The company consistently pursued its strategy of strengthening security of supply, modernising the transmission grid and maintenance.
Swissgrid invested a total of CHF138.8 million in the expansion of the grid infrastructure – slightly less than the previous year's figure of CHF149.5 million.
+ Swiss-EU electricity agreement: the key issues to tackle
The equity ratio increased to 42.1% (end of 2024: 37.6%). Swissgrid was thus able to further reduce its debt. The balance sheet total fell from CHF3.8 billion to CHF3.4 billion.
More More Swissgrid to reinforce electricty supply with CHF5.5bn investmentThis content was published on Apr 30, 2025 Switzerland's electricity infrastructure operator Swissgrid is to invest CHF5.5 billion to bolster electricity supply.
Read more: Swissgrid to reinforce electricty supply with CHF5.5bn investmenTranslated from German with DeepL/mga

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Casper Network Advances Regulated Tokenization With ERC-3643 Standard
- Forex Expo Dubai Wins Guinness World Recordstm With 20,021 Visitors
- Superiorstar Prosperity Group Russell Hawthorne Highlights New Machine Learning Risk Framework
- Freedom Holding Corp. (FRHC) Shares Included In The Motley Fool's TMF Moneyball Portfolio
- Versus Trade Launches Master IB Program: Multi-Tier Commission Structure
- Ozzy Tyres Grows Their Monsta Terrain Gripper Tyres Performing In Australian Summers
Comments
No comment