Heliocentris Energy Solutions AG announced sales results for the first quarter ended March 2015. In the first quarter period from January to March 2015, the company sales increased more than threefold to EUR 2,941,000 compared to EUR 719,000 a year ago. Incoming orders, a key indicator for sales performance, rose by 164% as against the same quarter of the previous year to EUR 4,463 thousand in the first quarter of 2015.

The gross profit in relation to sales improved to negative 7% in the reporting period after negative 58% in the first quarter of 2014. The main driver behind this improvement was the better utilization of the largely fixed indirect production costs as a result of the rise in sales. The Group's gross loss amounted to EUR 216,000 and therefore improved by 52% or EUR 200,000 compared to EUR 416,000 same quarter of the previous year.