Greentech Energy Systems A/S
Interim Financial Report – Q1 2015
DGAP-News: Greentech Energy Systems A/S 2015-05-13 / 08:43 --------------------------------------------------------------------- Copenhagen, 13 May 2015 Positive trend in financials for Q1 2015 -- Profit year to date 2015 -- 6% increase in revenue to EUR 15.3M -- 19% increase in EBITDA to EUR 10.0M* -- 8% increase in revenue to EUR 19.6M, including revenue from associates -- 19% increase in EBITDA to EUR 13.4M, including EBITDA from associates * Adjusted for Income from Associates Positive production trend -- 32% of the total expected annual net production has been already generated in Q1 2015 -- +7% in total net production in Q1 2015 vs Q1 2014: 128 GWh -- Actual wind production vs. estimates: +18% in Q1 2015 -- Actual solar production vs. estimates: +5% in Q1 2015 Chairman of the Board of Directors, Peter Høstgaard-Jensen, says: 'Greentech has delivered a good performance over Q1 2015 benefiting from favourable wind conditions in Italy and Germany added to a positive price effect in Spain. The cash flow generation is increasing and the profit for the quarter is significantly higher than last year.' Contact: Peter Høstgaard-Jensen, Chairman of the Board of Directors, Tel: +45 40 10 88 71 Alessandro Reitelli, CEO, Tel: +45 33 36 42 02 News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-05-13 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Greentech Energy Systems A/S Denmark ISIN: DK0010240514 End of News DGAP News-Service --------------------------------------------------------------------- 357047 2015-05-13
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