Voltalia Announces Consolidated Revenue Result for the Third Quarter and Nine Months of 2016 and Announces Production Results for the Nine Months of 2016; Provides Earnings and Operating Guidance for 2019
For the nine months, the company reported total consolidated revenue of EUR 79.7 million against EUR 40.2 million a year ago. Total energy sale were EUR 69.9 million against EUR 39.4 million a year ago.
For the nine months, the company reported total electricity production of 815.4 GWh.
Voltalia has also set itself the target of tripling its operated capacity to 3 GW by 2019, including 2 GW on behalf of third party customers.
In addition to these operational targets, the Group has set a target of delivering a consolidated EBITDA of EUR 180 million in the 2019 financial year, a six-fold increase on the EBITDA recorded in 2015.