Company announcement 6/2015
Interim Report for Q1 2015
(1 January 2015 - 31 March 2015)
LM Wind Power reports Q1 2015 revenues of EUR 173.0 million and EBITDA of EUR 20.7 million.
Highlights:
- Compared with Q1 2014 revenue increased by EUR 48.8 million to EUR 173.0 million.
- Q1 2015 EBITDA was EUR 20.7 million, up 93.5% compared with Q1 2014.
- Group liquidity comprising cash and undrawn credit facility amounted to EUR 69.2 million at the end of Q1 2015.
| EUR millions | Q1 2015 | Q1 2014 |
| Revenue | 173,0 | 124,2 |
| Operating profit before depreciation and amortization (EBITDA) | 20,7 | 10,7 |
| Results from operating activities before special items | 9,7 | (1,6) |
| Profit/(Loss) before income tax | 14,1 | (13,0) |
| Profit/(Loss) for the period | 7,2 | (15,2) |
| EBITDA | ||
| Results from operating activities before special items | 9,7 | (1,6) |
| Depreciation and amortization | 11,0 | 12,4 |
| EBITDA | 20,7 | 10,7 |
This interim report for Q1 2015 has not been audited or reviewed.
Contact details:
Chris Springham
VP Global Communication & HR
+31 6 14814919
Lene Mi Ran Kristiansen
Manager, Global Communications
+45 5138 8236
