Annual Report 2010/11

A growing number of external factors is impacting the energy sector. Over the past 12 months EGL has been aligning its structures and processes to the challenges posed by these factors, and adjusting them to the change in margin potential. In this difficult environment, net profit declined over the previous year by 12% to CHF 22.2 million, which was impacted by regulatory effects totalling CHF 39.8 million CHF.

 

REPORT OF THE CHAIRMAN
AND CEO

ACTIVITY REPORT OF THE
DIVISIONS

The actual changes in energy markets harbour opportunities and risks for EGL and have a bearing on earnings and growth potential.

CORPORATE GOVERNANCE

EGL is committed to professional and transparent corporate management in line with its corporate values. It believes that good corporate governance is an important prerequisite for the company’s success.

FINANCIAL REPORT

In an extremely adverse environment, EGL’s gross margin contracted by 23% to CHF 502.1 million over the previous year.

My Annual Report

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