ENCAVIS AG

Earnings Release • Aug 21, 2013

News Details

Ad-hoc | 21 August 2013 11:41

Capital Stage AG: Strong earnings growth in first half year

Capital Stage AG / Key word(s): Half Year Results

21.08.2013 11:41

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---

Hamburg, 21 August 2013 - In the first half year 2013, solar- and wind farm
operator Capital Stage AG achieved a strong earnings growth. Revenues grew
by approximately 30 per cent to 26.24 million euros compared to previous
years' period. Earnings before interests, taxes, depreciations and
amortizations (EBITDA) amounted to 28.8 million euros, exceeding first half
year 2012 EBITDA by 25 per cent.

The EBIT was 20.1 million euros, improving by 120 per cent year-on-year
(previous year 9.1 million euros). For the first half of the current
financial year earnings before taxes (EBT) amounted to 12.36 million euros
(previous year 4.5 million euros) and earnings after taxes (EAT) to 11.1
million euros (previous year 3.8 million euros), representing an increase
of 170 per cent and 190 per cent, respectively, compared to previous year.

The balance sheet total amounted to over 520 million euros (31.12.2012: 455
million euros) with a group's equity ratio of approximately 30 per cent
(31.12.2012: 28.63 per cent).

---

Information and Explaination of the Issuer to this News:

About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind farms in
Germany and Northern Italy with a capacity totalling 193 MWp, making it
Germany's biggest independent operator of solar farms. Its solar and wind
farms generate attractive returns and recurring income, while offering a
moderate level of investment risk.

Capital Stage AG is listed in the Prime Standard segment at the Frankfurt
Stock Exchange (ISIN: DE0006095003 / WKN: 609500).

For more information about the company, please visit www.capitalstage.com

For more information:

Karen Westphal
Capital Stage AG
Tel.: + 49 (0)40 37 85 62-235
Fax: + 49 (0)40 37 85 62-129
Email: karen.westphal@capitalstage.com

Sebastian Bucher
Kirchhoff Consult AG
Tel.: +49 (0)40 60 91 86-18
Fax: +49 (0)40 60 91 86-60
Email: sebastian.bucher@kirchhoff.de

21.08.2013 DGAP's 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: Capital Stage AG
Große Elbstraße 45
22767 Hamburg
Germany
Phone: +49 4037 85 62 -0
Fax: +49 4037 85 62 -129
E-mail: info@capitalstage.com
Internet: www.capitalstage.com
ISIN: DE0006095003
WKN: 609500
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

---