hep global GmbH, the Baden-Württemberg-based specialist in solar parks and solar investments, has confirmed its forecast for the 2023 fiscal year. Revenue of approximately €50 million to €60 million and earnings before interest and taxes (EBIT) of €0 to €5 million are still expected. Accordingly, the company anticipates significant increases in revenue and earnings in the second half of the year, after the first half—as in the same period of 2022—was still characterized by the usual volatility of the project development business.
hep will make the semi-annual interest payment on its 6.5% Green Bond 2021/2026 (ISIN: DE000A3H3JV5) on schedule, as usual, on November 18, 2023. The amount will be transferred to the paying agent shortly. hep does not see any company-specific reasons for the current trend in the bond price.