The hydroelectric sector services provider HYDRO Exploitation SA had a satisfactory year in 2018. Its anticipated decline in turnover was managed successfully. The company is now focusing on the development of maintenance services 4.0.
HYDRO Exploitation SA generated turnover of CHF 74.3 million in 2018 (compared with CHF 79.4 million in 2017). The anticipated 5% decrease occurred in a challenging economic context for the hydroelectricity market. However, almost all the decline was offset by the increase in turnover of 22.4% compared with 2017, generated with clients whose plants are operated by other firms.
This confirms not only HYDRO Exploitation SA’s skills but also the pertinence of the approach it has taken to specific services for the past several years, and fully justifies the expansion of its sales force. Careful control of costs helped it to achieve an operating profit (EBITA) of CHF 3.2 million (CHF 3.4 million in 2017) and net profits of CHF 310,000 (CHF 616,000 in 2017).
Picture: Paul Michellod, Vice President d'HYDRO Exploitation SA, Michael Wider, President and Elmar Kämpfen, Manager.
Copyright: Christian Pfammatter.