22.01.2015 KTG Energie AG  DE000A0HNG53

DGAP-News: KTG Energie AG increases operative result by 60%


 
DGAP-News: KTG Energie AG / Key word(s): Preliminary Results/Change in Forecast KTG Energie AG increases operative result by 60% 22.01.2015 / 15:54 --------------------------------------------------------------------- CORPORATE NEWS KTG Energie AG increases operative result by 60% - Total operative performance increases by 43% to EUR73 million - Plant sales: +55% to EUR65 million - EBITDA: +59% to EUR21 million - EBIT: +50% to EUR12 million - EBITDA forecast for 2014/2015 raised to EUR 25 million Hamburg, January 22, 2015 - KTG Energie AG (ISIN: DE000A0HNG53) significantly increased sales and in particular its earning power in fiscal year 2013/2014 according to preliminary, as yet unattested data. Total operative performance increased by around 43% to around EUR73 million (short financial year 2013: EUR50.9 million), and the profitable asset sales by around 55% to EUR65 million (2013: EUR42 million). EBITDA increased at a disproportionately high rate by over 59% to EUR21 million (2013: EUR13.2 million), and EBIT by 50% to EUR12 million (2013: EUR8 million). Dr. Thomas Berger, CEO of KTG Energie AG: "We have thus shown once more how strongly our operative plant operations are positioned and how positively growth and the resulting economies of scale impact the earning power of our entire portfolio". Disconnected from the negative market trend: Sustainable success confirmed strong business model KTG Energie has far more than doubled its sales, EBITDA and EBIT within just two years. In addition, the company has set new benchmarks in the market with an average plant utilization of over 94% in power production and over 97% in gas production. The average capacity utilization in the market is around 85%. KTG Energie has successfully broken away from the negative bioenergy market. The high forecasts have been surpassed. "In the coming years, KTG Energie will continue to excel through its unique combination of high security and extraordinary earning power. The KTG Group, the largest agriculturist in Western Europe, supplies input security and the EEG guarantees reliably plannable, high income with the best creditworthiness through the ensured feed-in tariff. This enables us to offer a highly attractive dividend policy", says Berger. The business model, the high level of competence in plant operation and in particular the long-term delivery and price guarantee for substrates agreed with the parent company KTG Agrar have once again proven successful. "This strong development demonstrates the sustainability of the business model and substantially distinguishes the company from the negative trend of the bioenergy industry", continues Berger. KTG Energie raises forecast In fiscal year 2014/2015, KTG Energie will aim for a sales base of EUR80 million and a long-term secure profit base of around EUR25 million at EBITDA level, with the currently installed capacity of 53 MW (+ 3 MW in development). The Executive Board is thus increasing its forecast in light of the persistently high earning power of the company. "In fiscal year 2013/2014, we once again developed considerably better than the overall market and achieved the best year in our corporate history. The sales and profit base we have achieved and which is secured over the entire remaining period of the feed-in tariff have grown substantially and enables us to make KTG Energie an attractive dividend stock", says Berger. The annual report of the KTG Energie Group for fiscal year 2013/2014 will be published in mid-February 2015. About KTG Energie AG KTG Energie AG, based in Hamburg, is specialized in the production of renewable energies from renewable raw materials. To this end, the company has been operating biogas plants in Germany since 2006 and covers the entire value added chain from the planning and construction to the operation of the systems. Sales quantities are guaranteed through the Renewable Energy Act (EEG) for a period of 20 years at fixed conditions. Today, over a quarter of a million people are already supplied with clean, environmentally-friendly energy. As a subsidiary of the agricultural company KTG Agrar AG, the supply of renewable raw materials - particularly catch crops, grass and straw - is guaranteed in the long term. The company has been listed on the Frankfurt Stock Exchange since 2012. More information: www.ktg-energie.de Contact Investor Relations / Presse Tobias M. Weitzel BSK Becker+Schreiner Kommunikation GmbH Phone: +49 2154-81 22 16 E-mail: [email protected] --------------------------------------------------------------------- 22.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: KTG Energie AG Ferdinandstr. 12 20095 Hamburg Germany Phone: +49 40 76755372 Fax: +49 40 76755374 E-mail: [email protected] Internet: www.ktg-energie.de ISIN: DE000A0HNG53, DE000A1ML257, WKN: A0HNG5, A1ML25 Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Frankfurt in Open Market (Entry Standard) End of News DGAP News-Service --------------------------------------------------------------------- 315693 22.01.2015