Company announcement 2/2015
Interim Report for Q4 2014
(1 October 2014 - 31 December 2014)
LM Wind Power reports revenue of EUR 165.8 million and EBITDA of EUR 22.5 million for Q4 2014, both higher than the comparable period in 2013.
Highlights:
- Q4 and FY revenue were EUR 165.8 million and EUR 587.7 million respectively, up EUR 28.3 million and EUR 99.6 million respectively.
- Q4 and FY EBITDA were EUR 22.5 million and EUR 77.1 million respectively, up EUR 2.9 million and EUR 11.5 million respectively.
- Group liquidity comprising cash and undrawn credit facility amounted to EUR 80.2 million at the end of Q4 2014, an improvement of EUR 13.3 million from the end of Q3, 2014.
| EUR millions | 4th quarter | January to December | |||
| 2014 | 2013 | 2014 | 2013 | ||
| Revenue | 165,8 | 137,5 | 587,7 | 488,1 | |
| Operating profit before depreciation and amortization (EBITDA) | 22,5 | 19,6 | 77,1 | 65,6 | |
| Results from operating activities before special items | (0,4) | 8,3 | 21,2 | 13,7 | |
| Profit/(Loss) before income tax | (2,0) | (8,4) | 5,8 | (31,8) | |
| Profit/(Loss) for the period from continuing operations | (4,7) | (31,9) | (9,6) | (46,4) | |
| Profit/(Loss) for the period | (4,7) | (7,4) | (9,1) | (80,1) | |
| EBITDA: | |||||
| Results from operating activities before special items | (0,4) | 8,3 | 21,2 | 13,7 | |
| Depreciation and amortization | 22,8 | 11,3 | 55,9 | 51,9 | |
| EBITDA | 22,5 | 19,6 | 77,1 | 65,6 | |
This interim report for Q4 2014 has not been audited or reviewed.
Contact details:
Chris Springham Lene Mi Ran Kristiansen
VP Global Communication & HR Manager, Global Communications
+31 6 14814919 + 45 5138 8236
