Company announcement 12/2015
Interim Report for Q2 2015 (1 April 2015 - 30 June 2015)
LM Wind Power reports Q2 2015 revenues of EUR 178.6 million and EBITDA of EUR 27.4 million.
Highlights:
- Compared with Q2 2014 revenue increased by EUR 29.8 million to EUR 178.6 million.
- Q2 2015 EBITDA was EUR 27.4 million, up 24.3% compared with Q2 2014.
- Group liquidity comprising cash and undrawn credit facility amounted to EUR 64.2 million at the end of Q2 2015.
| 2nd quarter | January to June | ||||
| EUR millions | 2015 | 2014 | 2015 | 2014 | |
| Revenue | 178.6 | 148.8 | 351.6 | 273.0 | |
| Operating profit before depreciation and amortization (EBITDA) | 27.4 | 22.0 | 48.1 | 32.8 | |
| Results from operating activities before special items | 15.7 | 11.5 | 25.5 | 9.9 | |
| Profit/(Loss) before income tax | 1.8 | 8.1 | 15.9 | (4.8) | |
| Profit/(Loss) for the period | (4.2) | 5.3 | 3.0 | (9.9) | |
| EUR millions | |||||
| Results from operating activities before special items | 15.7 | 11.5 | 25.5 | 9.9 | |
| Depreciation and amortization | 11.7 | 10.5 | 22.6 | 22.9 | |
| EBITDA | 27.4 | 22.0 | 48.1 | 32.8 | |
This interim report for Q2 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
