Global EcoPower S.A. reported audited consolidated earnings results for the half year ended December June 30, 2016. For the period, the company reported turnover of EUR 9,345,000 compared to EUR 17,086,000 a year ago. EBITDA was EUR 623,000 compared to EUR 926,000 a year ago. Operating loss was EUR 245,000 compared to operating income of EUR 956,000 a year ago. Net loss of consolidated companies was of EUR 882,000 compared to income of EUR 599,000 a year ago.

The company expects its turnover 2017 to exceed its previous target originally forecast at EUR 120 million, mainly because of the contribution of these two delayed projects.