Positive trend in financials for H1 2016

  • Profit year to date 2016
  • 6% decrease in revenue to EUR 25.3M
  • 7% increase in EBITDA to EUR 19.2M*
  • 6% increase in EBITDA to EUR 24.7M, including EBITDA from associates

    *Adjusted for income from Associates/ Excluding Special Items

Positive trend in the production performance compared to estimates in H1 2016

  • 56% of the total expected annual net production has been already generated in H1 2016
  • +3% in total net production in H1 2016 vs H1 2015: 217 GWh
  • +6% in actual wind production vs. estimates
  • +2% in actual solar production vs. estimates

Events occurred after 30 June 2016

  • On 26 July 2016, Greentech signed an agreement for the acquisition of the remaining stake (50%) of La Castilleja solar plant (9.8MW) from its co-shareholder Foresight Group

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Greentech Energy Systems A/S published this content on 03 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 August 2016 07:05:03 UTC.

Original documenthttp://greentech.dk/blog/2016/08/03/interim-financial-report-half-year-2016/

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