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Half-Year Report 2025
Half-Year Report 2025
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Half-Year Report 2025
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Table of contents for the Half-Year Report 2025 report

Half-Year Report 2025
Group Results
Continuation of positive development
Outlook
PW AmazonPW GabonPW TradingPW Carben
Interim condensed consolidated ­financial statements
Consolidated statement of profit or loss
1. Basis of presentation, consolidation and general accounting policies
Basis of presentationSignificant accounting judgments, estimates and assumptionsGeneral accounting policies
2. New or revised IFRS standards, amendments and interpretations3. Seasonality4. Financial information by segment
Operating segments – 30 June 2025Operating segments – 30 June 2024Reconciliation of reportable segment profit or loss
5. Subsequent events
Addresses
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PW Carben

Operational developments at the biomass power plant

The Carbon & Energy segment reported net sales of EUR 0.1 million in the first half of 2025 (previous year: EUR 0.2 million) and EBITDA of EUR -0.3 million (previous year: EUR -0.2 million). Work on connecting the biomass power plant to the national power grid progressed smoothly.

As stated in the annual report, the MIL Energia Renovável Ltda. (MER) biomass power plant was prevented from supplying electricity to the grid from mid-2024 onwards, because new technical configurations prompted the grid operator to restrict access. In the first half of the year, a technical solution for a temporary connection was developed together with the grid operator. Since mid-July, MER has resumed supplying electricity to the grid, initially at a reduced level. Plans for a long-term solution are also being jointly developed.

The development of the carbon project for forest protection continued, and the first credits are expected to be issued in 2027.