The risk and opportunities position of Energie AG is influenced by changes in the energy market environment, growing competitive dynamics and adjustments to the energy policy and general regulatory conditions. Energie AG meets these challenges by tapping into additional earnings potential, by employing a value-based investment management and by taking extensive efficiency improvement measures.

Energie AG's business activities are still exposed to certain risks, but no risks were identified in the fiscal year 2018/2019 that, either individually or collectively, would have the potential to jeopardize the continued existence of the company.

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