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BKW HY 2026 slides: net profit rises as operating earnings fall

BKW HY 2026 slides: net profit rises as operating earnings fall

Swiss utility BKW AG unveiled mixed first-half 2026 results on August 19, 2026, demonstrating a paradoxical performance with higher net profit but declining revenue and operating earnings. The company's financial performance, driven by strong gains offsetting operational headwinds from weather disruptions and volatile energy markets, was accompanied by significant strategic progress on major infrastructure projects.

BKW's shares, trading near CHF 130.4, reflected investor caution about near-term operational challenges, despite the company's solid balance sheet.

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