KTG Energie AG
KTG Energie AG: significant increases in revenues and earnings
DGAP-News: KTG Energie AG / Key word(s): Preliminary Results KTG Energie AG: significant increases in revenues and earnings – EBITDA rises by 14% to over EUR 25 million. – Total revenues increase from EUR 73.3 million to EUR 92.7 million. – Further earnings growth of 20% already secured for 2015/2016 – Equity base increased by 28% Hamburg, 1 February 2016. KTG Energie AG successfully continued its expansion in the 2014/2015 financial year and significantly increased EBITDA by 14% to EUR 25.05 million (2013/2014: EUR 21.9 million). EBIT climbed from EUR 11.9 million to EUR 13.3 million. Annual net profit came in at EUR 2.05 million (2013/2014: EUR 1.8 million). Total revenues developed pleasingly, according to provisional calculations, reaching EUR 92.7 million (previous year: EUR 73.3 million). The high-margin plant revenues stood at around EUR 75 million (previous year: EUR 64.9 million). Consequently, the EBITDA margin in relation to plant revenues exceeded 33%. KTG Energie generated EBITDA per share of EUR 3.49. “We are very pleased with our performance in the 2014/2015 financial year – particularly because our acquisitions have also enabled us to successfully lay the foundation for growth in the current financial year and to secure our earnings base for the future,” remarked Dr. Thomas Berger, CEO of KTG Energie AG. With a look to the 2015/2016 financial year, the Chief Executive Officer forecasts revenues in excess of EUR 90 million and EBITDA of up to EUR 28 million based on the current plant portfolio with output of around 60 MW. “These earnings have already been secured. We already have guaranteed payment rights to over EUR 1.5 billion until 2030 and EBITDA potential of over EUR 450 million beyond that. We aim to achieve further growth in 2016 and to acquire new biogas plants for our portfolio,” as Berger underlined. KTG Energie increases equity base by EUR 8 million All information on the 2014/2015 financial year is based on provisional, unaudited calculations. KTG Energie AG will publish the audited results at the end of February. About KTG Energie AG KTG Energie AG is committed to an integrated, sustainable business model in which the production of renewable commodities does not compete with foodstuff production. With 85 employees at the end of 2015, KTG Energie AG operated biogas plants with a total capacity of more than 60 MW, which both feed processed biogas directly into the natural gas grid and use biogas for power production. From fiscal year 2015/2016, this will result in a secured sales base of up to EUR90 million and an EBITDA base of up to EUR28 million. Contact: Investor Relations / Press
2016-02-01 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | KTG Energie AG | |
Ferdinandstr. 12 | ||
20095 Hamburg | ||
Germany | ||
Phone: | +49 40 76755372 | |
Fax: | +49 40 76755374 | |
E-mail: | info@ktg-energie.de | |
Internet: | www.ktg-energie.de | |
ISIN: | DE000A0HNG53, DE000A1ML257, | |
WKN: | A0HNG5, A1ML25 | |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt | |
End of News | DGAP News Service |