Energie AG's risks and opportunities are influenced by the energy market environment, growing competitive dynamics and adjustments of the energy policy and the statutory environment.

Energie AG meets these challenges by tapping additional earnings potential, value-based investment management, extensive efficiency-improving measures, and concentration of expertise.

Energie AG's business activities are still exposed to risk, however, no risks were identified in the first half of 2018/2019 that, either individually or in the aggregated total, had the potential to threaten the continuation of the entity.

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