Energiekontor AG

Earnings Release • Feb 28, 2002

News Details

Corporate | 28 February 2002 07:01

Energiekontor AG english

Preliminary figures of Energiekontor AG for the business year 2001 Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– Preliminary figures of Energiekontor AG for the business year 2001 Bremen, 28. February 2002. According to the preliminary and not yet testified figures for the business year 2001 (01.01. to 31.12.2001) Energiekontor AG achieved sales revenues of EUR 101.273 mil. This is a 43.5 % growth compared to the year 2000. Earnings before interest and tax (EBIT) amounted to EUR 9.024 mil. The result of normal business activity was EUR 10.026 mil. Revenues consist of revenues from project planning, erecting and selling wind farms as well as from customer services for the technical supervision and the business management of Energiekontor-projects. Although sales revenues and result are below the current business plan of Energiekontor AG, the figures remain in the upper end of the range which had been published via ad hoc-news by Energiekontor on 21. December 2001. This delay is due to a change in the German legislation for energy plants which came into effect in August 2001. These changes in the German Federal Immission Control Act (BImSchG) will have a positive effect on future wind farm projects. However, in the transition period the changes led to delays in the finalisation of two wind farms which will now be realised in 2002. The annual report of Energiekontor AG will be published on 27. March 2002. The report will then be available as a pdf-download on the Energiekontor website at the following address: http://www.energiekontor.de/ipo/berichte.htm Key figures 2000/2001(EUR mil., IAS) 2000 2001* Sales revenues 70.577 101.273 EBIT 10.583 9.024 Result of normal business activity 11.151 10.026 * preliminary, not yet testified figures Contact: Energiekontor AG Investor Relations, Tel.: (+49-421) 3304-210 / -211 Email: ir@energiekontor.de end of message, (c)DGAP 28.02.2002