Changes in the energy market environment, growing competitive dynamics and adjustments of the energy policy and general regulatory conditions influence Energie AG's risks and opportunities. Energie AG meets these challenges by tapping additional earnings potential, value-based investment management and extensive efficiency-improving measures.

Energie AG's business activities are still exposed to risk, however, no risks were identified in the fiscal year 2017/2018 that, either individually or in the aggregated total, had the potential to threaten the continuation of the company.

For more details on the risks and opportunities situation, see the Notes to the Consolidated Financial Statements.