Heliocentris Energy Solutions AG reported earnings results for the first half ended June 2015. For the period, the company generated a 26% increase in sales to EUR 5,627,000 compared to EUR 4,476,000 a year ago. The total comprehensive loss was EUR 10,637,000 compared to EUR 5,792,000 a year ago. Several factors determined the total comprehensive loss. Due to delays in acquiring new customers in the first half of 2015, no additional profit contributions were generated compared with 2014. This was in addition to cost increases, which were essentially due to the acquisition of FutureE Fuel Cell Solutions GmbH (subsequently Heliocentris Fuel Cell Solutions GmbH) and the non-recurring costs relating to the segment transformation and restructuring of the company.

In light of the successful new customer acquisitions, particularly in the last few months, significantly higher sales are expected in the second half of 2015 than in the first six months of the year. Along with this, the company is planning to keep fixed costs at the same level as in the first half of the year, which should result in a significant improvement in gross profit in the second half of 2015 if profit contributions remain positive as expected.