Interim Financial Report – First Quarter 2014

Stable trend in financials for Q1 2014

  • Profit year to date 2014
  • 11% decrease in revenue to EUR 14.4M for 2014
  • 15% decrease in EBITDA to EUR 8.4M*
  • 12% decrease in revenue to EUR 18.1M for 2014, including revenue from associates
  • 14% decrease in EBITDA to EUR 11.3M for 2014, including EBITDA from associates
    *Adjusted for Income from Associates

 

Positive trend in the production performance

  • More than 1/3 of the total expected annual net production has been already generated in Q1 2014
  • Actual wind production vs. estimates: +14% in Q1 2014
  • Actual solar production vs. estimates: + 1% in Q1 2014

 

Events occurred after 31 March 2014

  • At the Annual General Meeting held on 15 April 2014,Mrs. Michèle Bellon was elected as new member to the Board of Directors

 

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