In the conversion in the energy supply along ecological lines, the Mannheim energy company favours consistent, targeted implementation - Good progress with investments in expanding renewable energies and energy efficiency - Forecast for current finan…

The Supervisory Board of the Mannheim-based energy company MVV Energie has extended the appointment of company CEO, Dr. Georg Müller (50), for a further five years through to the end of 2018.

As in the previous year, MVV Energie AG, the Mannheim-based energy company listed in the SDAX, is paying a dividend of Euro 0.90 per share for the past 2011/12 financial year (1 October 2011 - 30 September 2012).

Matthias Brückmann, Management Board member and Sales Director at the Mannheim-based energy company MVV Energie, is to leave the company and join the Management Board of the Oldenburg-based energy supplier EWE.

Year-on-year growth in sales and earnings - Full-year earnings will be affected by declining earnings from conventional electricity generation - Slight decline in earnings expected

High investment in renewable energies and energy efficiency - Earnings for past financial year slightly ahead of own forecast