HREN
vs
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Swiss Market Index
HREN
Over the past 12 months, HREN has underperformed Swiss Market Index, delivering a return of 0% compared to the Swiss Market Index's +7% growth.
Stocks Performance
HREN vs Swiss Market Index
Performance Gap
HREN vs Swiss Market Index
Performance By Year
HREN vs Swiss Market Index
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Romande Energie Holding SA
Glance View
Romande Energie Holding SA stands as a pivotal force in Switzerland's energy landscape, deeply embedded in the fabric of the region it serves. Headquartered in Morges, the company traces its origins back over a century, signaling a rich history intertwined with the growth and electrification of the Vaud Canton. Today, Romande Energie operates primarily as an electricity distributor, leveraging its significant infrastructure to deliver reliable power to both residential and commercial customers. The company also invests in renewable energy sources, including hydroelectric, solar, and wind, positioning itself as a forward-looking entity in the face of global demands for sustainable energy practices. The company generates revenue through a multi-faceted business model. Primarily, it earns money from the sale and distribution of electricity across its operational regions, a stable cash flow supported by regulated tariffs. However, Romande Energie is not just about distribution; it has expanded its horizon into production. By investing in renewable energy projects, the company reduces its dependency on non-renewable sources, potentially lowering operational costs and increasing energy security. Moreover, Romande Energie explores energy services and solutions, helping clients enhance energy efficiency, which not only fulfills a growing consumer demand for sustainable options but also opens new revenue streams. This balanced approach ensures the company remains resilient amidst the evolving demands of the energy sector.