Hamburg (energate) - Deutsche Börse AG is reinstating the Hamburg-based wind and solar park builder Encavis AG in the MDAX as of 20 June. Envacis had already moved up from the SDAX to the MDAX from March to September last year by means of the "Fast Entry Rule" (energate reported), but was unable to maintain this position. The stock market value of Encavis AG has increased twelvefold in the past eight years and amounted to around 3.2 billion euros at the beginning of June. At the end of 2021, the company reported a surplus of 77 million euros and had an operating cash flow of around 252 million euros. The financial statements are available as a
PDF on Encavis' website. /pf