Lechwerke AG: Business Overview, Financials & Competitive Analysis
Lechwerke AG is a Germany-based electric utility holding company whose core business is the supply of electricity and associated services to customers in Bavaria and in parts of Baden-Wuerttemberg in Germany. The comp...
Cyborg Score thesis
Defensive regional utility with reliable earnings and dividend potential, but limited growth catalysts beyond energy transition...
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Get Current Report FreeLechwerke AG Overview
Pro stress-test →Lechwerke AG is a Germany-based electric utility holding company whose core business is the supply of electricity and associated services to customers in Bavaria and in parts of Baden-Wuerttemberg in Germany. The company generated $1.2B in trailing twelve month revenue as of June 2025.
Strategic Profile
Pro stress-test →LEW distributes electricity through low, medium and high voltage grids, generates electricity through numerous hydroelectric power stations, and is engaged in electricity trading, electricity and gas sales and energy efficiency services. The company supplies renewable electricity and e-mobility services, and offers energy monitoring, audit, and inspection services; energy consulting and LED lighting systems.
Competitive Landscape
Pro stress-test →LEW's primary market is Bavaria and Baden-Württemberg in Germany. Main competitors include other German regional utilities (EON, Vattenfall) and municipal utilities in the region. LEW's competitive advantage stems from its integrated hydroelectric generation assets, 36 hydropower stations, and diversified service offerings including energy efficiency and e-mobility solutions.
Industry Context
Lechwerke AG operates in Utilities - Diversified (Electricity & Gas Distribution, Hydroelectric Generation, Energy Services).
Key facts
Founded: 1999 · Headquarters: Augsburg, Germany · Employees: 458 · Revenue: $1.2B · Market cap: $3.0B