Clearvise AG Holds Successful Annual General Meeting with Strong Shareholder Support

Frankfurt, 12 July 2024 – clearvise AG announced the successful conclusion of its Annual General Meeting, marking a milestone with strong shareholder approval for all agenda items. The meeting saw a hybrid format participation rate of 50.16% of share capital with voting rights, the highest since the company's establishment in 2010.

CEO Petra Leue-Bahns expressed satisfaction with shareholder engagement and trust. Despite challenges, clearvise achieved or exceeded its targets in 2023, including consolidated sales of EUR 44.8 million and an adjusted EBITDA of EUR 30.3 million. The company reported continued portfolio optimization with significant investments in PV developments in Italy and France.

Key resolutions included transferring 2023 net retained profits to new account for further portfolio optimization. Other approvals covered the discharge of the Executive and Supervisory Boards, auditor elections, and the appointment of a new Supervisory Board member, Gebhard Littich.

CFO Manuel Sieth emphasized the importance of ongoing investment in growth. clearvise forecasts 2024 revenue between EUR 35.5 million and EUR 37.0 million, with adjusted EBITDA expected between EUR 21.8 million and EUR 23.1 million.