Positive trend in financials for H1 2017

  • 9% profit increase to EUR 4.9M
  • 12% increase in revenue to EUR 28.4M
  • 6% increase in EBITDA to EUR 20.3M*
  • 1% decrease in EBITDA to EUR 24.4M, including EBITDA from associates

*Adjusted for income from Associates/ Excluding Special Items

Negative trend in the production performance in H1 2017 mainly due to poor wind conditions

  • 50% of the total expected annual net production has been generated in H1 2017
  • -13% in total net production in H1 2017 vs H1 2016: 192 GWh
  • -13% in actual wind production vs. estimates
  • +3% in actual solar production vs. estimates

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Greentech Energy Systems A/S published this content on 03 August 2017 and is solely responsible for the information contained herein.
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Original documenthttp://greentech.dk/blog/2017/08/03/interim-financial-report-half-year-2017/

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