Company announcement 19/2015
Interim Report for Q3 2015 (1 July 2015 - 30 September 2015)
LM Wind Power reports Q3 2015 revenues of EUR 191.1 million and EBITDA of EUR 27.6 million.
Highlights:
- Compared with Q3 2014 revenue increased 28.3% to EUR 191.1 million.
- Q3 2015 EBITDA was EUR 27.6 million, up 26.6% compared with Q3 2014.
- Group liquidity comprising cash and undrawn credit facility amounted to EUR 62.8 million at the end of Q3 2015.
| 3rd quarter | January to September | ||||
| EUR millions | 2015 | 2014 | 2015 | 2014 | |
| Revenue | 191.1 | 149.0 | 542.7 | 422.0 | |
| Operating profit before depreciation and amortization (EBITDA) | 27.6 | 21.8 | 75.7 | 54.6 | |
| Results from operating activities before special items | 16.4 | 11.7 | 41.9 | 21.5 | |
| Profit before income tax | 3.2 | 12.6 | 19.1 | 7.8 | |
| Profit/(Loss) for the period | (1.2) | 5.5 | 1.8 | (4.4) | |
| EUR millions | |||||
| Results from operating activities before special items | 16.4 | 11.7 | 41.9 | 21.5 | |
| Depreciation and amortization | 11.2 | 10.1 | 33.8 | 33.1 | |
| EBITDA | 27.6 | 21.8 | 75.7 | 54.6 | |
This interim report for Q3 2015 has not been audited or reviewed.
Contact details:
Chris Springham
VP Global Communications & HR
+31 6 14814919
Lene Mi Ran Kristiansen
Manager, Global Communications
+ 45 5138 8236
