Energi Danmark A/S - Half-yearly report 2019 H1


Energi Danmark A/S: Half-yearly report 2019 H1

Aarhus, 15 August 2019

During the first half of 2019 the Energi Danmark Group realised a profit before tax of DKK 73,6 million. This corresponds to a yearly return on equity before tax of 15,3 %. Compared to the first half of 2018 the revenue increased with 52% to DKK 20,772 million.

Energi Danmark is in a process to sell Energi Danmark Vind A/S and the activity is presented in the income statement as a “discontinued activity”. The discontinued activity realised a total revenue of DKK 49,1 million and a profit before tax of DKK 19,0 million.

The half-year result is in line with the budget and the expectations for the year as a whole are maintained.

The Energi Danmark Group has continued the strong sales from last year and experienced a very positive first half year in terms of sales. Like last year, the sale in our Norwegian subsidiary, Energi Salg Norge AS, have been strong.

No audit or review has been made to the figures for the first half of 2019.

For further information contact:

Chairman of the board Jesper Hjulmand, phone +45 70 29 29 00 or mobile +45 40 58 35 65.
CEO Jørgen Holm Westergaard, phone +45 87 42 62 62 or mobile +45 22 37 87 80.

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Energi Danmark AS - Half-yearly report 2019 H1