ALTEO Plc.
- Introduction
- Trading data
- Financials
- Shareholders, management
- Publications
- Product features
- Research
| Full Name | ALTEO Energy Services Public Limited Company | ||||||||||||
| Short name | ALTEO Plc. | ||||||||||||
| Sector | Electric Utilities | ||||||||||||
| Contact |
HU-1033 Budapest, Kórház utca 6-12.
Phone: +36-1-236-8050
Fax: +36-1-236-8051
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| Investor Relations | |||||||||||||
| Auditor | Authentic Audit Kft. (Auditor: Andrea Zsoldos-Horváth) | ||||||||||||
| Business activity | Founded in 2008, ALTEO Energiaszolgáltató Nyrt. (ALTEO or ALTEO Group for short) is an energy service provider and trading company with a modern outlook, whose core business is the production of electricity and heat energy based on renewable energy carriers and natural gas, as well as the trade of electricity and natural gas. This is complemented by energy services and developments tailored to specific partner needs, as well as high-quality, innovative solutions aligned with the circular economy, such as balancing energy and production management services for renewables-based power plants, as well as e-mobility and waste management. Thanks to its own optimally-designed fleet of assets and its virtual power plants integrating conventional and renewable power plants and electricity storage capacities, ALTEO provides its customers with a reliable, environmentally-responsible energy supply based on the sustainable use of renewable energy. These customers include Hungarian small and medium-sized enterprises as well as domestic corporations. As a dynamically growing company committed to sustainability, ALTEO is constantly looking for investment and expansion opportunities to increase shareholder value by providing the highest quality, most innovative and climate-friendly and sustainability-focused services to its customers and partners. Listed on the Budapest Stock Exchange (BSE) in October 2010, ALTEO shares have been trading in the Prime Market of the BSE since September 2018 and have been included in the index basket of the BUX, the official BSE stock exchange index, since March 2021. | ||||||||||||
| Listed securities of the issuer |
|
| Basic Information | |
|---|---|
| Ticker | ALTEO |
| ISIN | HU0000155726 |
| Date of listing | 12 Oct 2010 |
| Currency of trading | HUF |
| Face Value | 12.5 HUF |
| Number of securities listed | 19,931,474 |
| Market Capitalisation (HUF million) | 109,224 |
| > Split (S)/Reverse split (R) | |
|---|---|
| 06 Dec 2017 | S (1 : 8) |
| P/BV | |
|---|---|
| P/BV* | 2.7677 |
* Calculating based on the capitalisation of the actual series only
| Performance | |
|---|---|
* annualized yield
Key annual data
audited, consolidated, IFRS; Business Year: January 1 - December 31| 20231 | 20241 | |
|---|---|---|
| (thousand HUF) | (thousand HUF) | |
| Total revenues | 95,954,000 | 105,389,000 |
| Operating Profit (EBIT) | 15,163,000 | 13,506,000 |
| Net income from financial activities | 720,000 | -534,000 |
| Profit before tax | 15,883,000 | 12,972,000 |
| Profit after tax | 12,762,000 | 9,624,000 |
| Dividend per (ordinary) share | 402.6 HUF | HUF |
| Fixed Assets | 43,573,000 | 60,205,000 |
| Total liabilities | 58,124,000 | 72,106,000 |
| Share capital | 247,534 | 249,000 |
| Shareholders equity | 33,854,000 | 39,464,000 |
| Total assets | 91,978,000 | 98,064,000 |
| Number of employees (at business year end) | 454 | 513 |
- (1) audited, consolidated, IFRS; Business Year: January 1 - December 31
Selected financial ratios
Ratios are based on data submitted by the company| 2023 | 2024 | |
|---|---|---|
| Equity Ratio | 1.72 | 1.83 |
| Return on assets (ROA) | 0.38 | 0.24 |
| Return on equity (ROE) | 0.14 | 0.1 |
Mid-year reports
non-audited, consolidated, IFRS; Business Year: January 1 - December 31| Key P&L Figures | Jan 2023 - Jun 20231 | Jan 2024 - Jun 20242 |
|---|---|---|
| (thousand HUF) | (thousand HUF) | |
| Net sales | 58,854,000 | 49,787,000 |
| Operating profit (EBIT) | 10,678,000 | 7,541,000 |
| Net income from financial activities | 384,000 | -147,000 |
| Profit before tax | 11,063,000 | 7,394,000 |
| Profit after tax | 8,873,000 | 5,874,000 |
| Key Balance Sheet Items | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|
| (thousand HUF) | (thousand HUF) | |
| Fixed Assets | 37,926,000 | 48,541,000 |
| Intangible Assets | 2,603,000 | 2,868,000 |
| Tangible assets | 30,068,000 | 39,772,000 |
| Invested financial assets | 964,000 | 1,400,000 |
| Current Assets | 45,198,000 | 34,142,000 |
| Inventory | 1,196,000 | 1,146,000 |
| Total assets | 83,124,000 | 83,683,000 |
| Shareholders equity | 32,580,000 | 33,717,000 |
| Share capital | 248,000 | 249,000 |
| Long-term liabilities | 31,226,000 | 27,733,000 |
| Short-term liabilities | 19,318,000 | 21,233,000 |
| Total liabilities and shareholders equity | 83,124,000 | 82,683,000 |
- (1) Non-audited, consolidated, in compliance with IFRS (Business Year: January 1 - December 31)
- (2) non-audited, consolidated, IFRS; Business Year: January 1 - December 31
| Shareholders exceeding 5% stake with respect to the listed series | ||
|---|---|---|
| Name | Shareholding (%) | Share piece |
| MOL RES Investments Zártkörűen Működő Részvénytársaság, Riverland Magántőkealap és Főnix Magántőkealap | 73.79 | 14,707,606 |
| Free Float: 26.21% | Last update: 28 Feb 2025 | |
| Note: When determining the Free Float for a particular series, all the securities of the company shall be regarded to be publicly held other than (i) the stock of securities held by holders with direct holdings of more than 5% of the total number of securities, (ii) securities in the possession of custodians, provided the certificate available to the custodian verifies that the particular person holds more than 5% of the total number of securities outstanding belonging to the series. The value of the free float is based on the data provided by the issuer. | ||
| Management | |
|---|---|
| Management Board | CHIKÁN Attila László (Chairman), Dr. BACSA György, BENCSIK Ágnes, MIKESY Álmos |
| Management | CHIKÁN Attila László (CEO), KOVÁCS Domonkos (Deputy CEO, Director of M&A and Capital Market), BODNÁR Zoltán (CFO), LUCZAY Péter (Deputy CEO for Production and Business Development), VARGA Viktor (Deputy CEO for Energy Production and Services), SIMON Anita (Deputy CEO for Sustainability and the Circular Economy), dr. MÉSZÁROS Melinda (Chief Legal Adviser), TOKAI Magdolna (Deputy CEO for Corporate Support), HEGEDŰS László (Deputy CEO for HR and Communication) |
| Supervisory Board | Dr. SZÉKELY Ákos (Chairman), KADERJÁK Péter, OLÁH Márton, SÜTŐ Attila Gyula |
| Last update: 28 Feb 2025 | |
| Publication | News |
|---|---|
| 02 Jun 2025 20:15 | Information on voting rights and share capital of ALTEO Plc – 02.06.2025 |
| 28 May 2025 15:48 | Communication about the rating review of ALTEO – 28.05.2025. |
| 28 May 2025 14:03 | ALTEO adopts comprehensive biodiversity strategy – 2025.04.17 |
| 28 May 2025 13:55 | Articles of Associations of ALTEO - effective from: April 30, 2025 - 28.05.2025. |
| 22 May 2025 13:20 | Announcement of ALTEO's own share transactions related to Employee Share Ownership Program - 2025.05.20. |
| 19 May 2025 19:14 | ALTEO 2025 Q1 – Investor presentation – 19.05.2025. |
| 19 May 2025 15:00 | Announcement of ALTEO's own share transactions related to Employee Share Ownership Program |
| 30 Apr 2025 15:14 | Information on voting rights and share capital of ALTEO Plc – 30.04.2025. |
| 28 Apr 2025 14:55 | Annual report of ALTEO Plc. for the business year 2024 |
| 28 Apr 2025 14:50 | Statement on ALTEO Plc.’s corporate governance practices for 2024 |
| Publication | Report |
|---|---|
| 28 Apr 2025 14:55 | Annual report of ALTEO Plc. for the business year 2024 |
| 04 Oct 2024 16:50 | Management commentary of 2024 H1 report of ALTEO Group – 2024.09.02 |
| 28 Apr 2025 14:50 | Statement on ALTEO Plc.’s corporate governance practices for 2024 |
| Publication | Articles of Association |
|---|---|
| 28 May 2025 13:55 | Articles of Associations of ALTEO - effective from: April 30, 2025 - 28.05.2025. |
| Publication | Voting rights, registered capital |
|---|---|
| 02 Jun 2025 20:15 | Information on voting rights and share capital of ALTEO Plc – 02.06.2025 |
| Publication | Corporate Action Timetable |
|---|---|
| 04 Feb 2025 22:37 | Information on the amendment of the corporate calendar for 2025 |
| Name of security | ALTEO share |
| Issuer | ALTEO Energy Services Public Limited Company |
| Equity class | Ordinary share |
| Type of security | Registered |
| Form of security | Dematerialised |
| Code of security (ISIN) | HU0000155726 |
| Ticker symbol | ALTEO |
| Face value | 12.5 HUF |
| Number of securities listed | 19,931,474 |
| Rights to dividends | Full year |
| Listing date | 12 Oct 2010 |
| First Trading Day | 12 Oct 2010 |
| Market | Prime |
| Trading Unit | |
| Currency of trading | HUF |
| Trading time |
| Publication | Research |
|---|---|
| 21 May 2025 15:38 | Quarterly update of Alteo Plc. by MBH Befektetési Bank Ltd. (21.05.2025.) |
| 05 Mar 2025 14:47 | Quarterly update of Alteo Plc. by MBH Befektetési Bank Ltd. (05.03.2025.) |
| 23 Jan 2025 08:42 | Model update of Alteo Plc. by MBH Befektetési Bank (22.01.2025.) |
| 13 Jan 2025 14:09 | Flash note of Alteo Plc. by MBH Befektetési Bank Ltd. (13.01.2025.) |
| 22 Nov 2024 08:10 | Quarterly update of Alteo Plc. by MBH Befektetési Bank (20.11.2024.) |
| 06 Sep 2024 16:56 | Quarterly update of Alteo Plc. by MBH Bank Plc. (06.09.2024.) |
| 24 May 2024 17:30 | Quarterly update of ALTEO Plc. by MBH Bank Plc. (22.05.2024.) |
| 13 Mar 2024 16:39 | Model update of Alteo Plc. by MBH Bank Plc. (13.03.2024.) |
| 05 Mar 2024 16:29 | Quarterly update of Alteo Plc. by MBH Bank Plc. (05.03.2024.) |
| 17 Nov 2023 13:09 | Quarterly update of Alteo Plc. by MBH Bank Plc. (16.11.2023.) |