18.02.2015
![]()
DGAP-News: KTG Energie AG plans increase in dividends
DGAP-News: KTG Energie AG / Key word(s): Final Results
KTG Energie AG plans increase in dividends
18.02.2015 / 09:57
---------------------------------------------------------------------
KTG Energie AG plans increase in dividends
- KTG Energie proposes 45 cents per share at the Annual General Meeting
- Long-term dividend policy confirmed after strong business year
- EBITDA 2013/2014 increases by around 66%
- EBITDA to grow by further 14% in 2014/2015
Hamburg, February 18, 2015 - KTG Energie AG (ISIN: DE000A0HNG53) has
proposed a dividend of 45 Eurocents per share for business year 2013/2014
at the Annual General Meeting. This has been decided by the Executive Board
and the Supervisory Board. If the Annual General Meeting accepts this
proposal, the dividend will increase by 12.5% per share in comparison with
the previous year. The dividend return is around 4%, based on the share
price at the end of the previous business year (10/31/2014). The Executive
Board and the Supervisory Board also confirmed the long-term dividend
policy of the company, after the strong business year 2013/2014 and the
sustained high sales and profit base. Dr. Thomas Berger, CEO of KTG Energie
explains: "We have a clear goal of developing KTG Energie into one of the
most attractive dividend values on the market. The conditions are ideal -
the KTG Group, the largest agriculturist in Western Europe, provides input
reliability at fixed prices agreed for the long-term and the Renewable
Energy Act guarantees easy to plan, high yields with top credit ratings
through the ensured feed-in tariff".
EBITDA 2013/2014 increases to EUR22 million
In fiscal year 2013/2014, the KTG Energie Group increased the overall
performance of the Group to EUR73 million and sales by around 40% to
EUR70.9 million (short financial year 2013: EUR50.9 million); the very
profitable plant sales also grew by around 55% to around EUR65 million
(2013: EUR42 million). EBITDA rose disproportionately by around 66% to
around EUR22 million (2013: EUR13.2 million), while EBIT rose by around 50%
to around EUR12 million (2013: EUR8 million). KTG Energie AG's annual
surplus relevant for distribution to the shareholders was around EUR4
million in fiscal year 2013/2014. If the Annual General Meeting agrees to
the dividend proposal, 2/3 of the annual surplus will be distributed to
shareholders.
KTG Energie AG aiming for EBITDA of EUR25 million
In business year 2014/2015, KTG Energie is aiming for a sales base of EUR80
million and a profit base secured in the long-term of around EUR25 million
based on EBITDA with the currently installed capacity of 53 MW (+3 MW in
development) - a growth of around 20% compared with business year
2013/2014.
The Annual Report of the KTG Energie Group for fiscal year 2013/2014 has
been published today and is available to download on the company's website
(www.ktg-energie.de).
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]
---------------------------------------------------------------------
18.02.2015 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: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of News DGAP News-Service
---------------------------------------------------------------------
324407 18.02.2015
|