ENCAVIS AG

Earnings Release • Nov 7, 2013

News Details

Ad-hoc | 7 November 2013 11:49

Capital Stage AG with strong quarter and improved earnings forecast

Capital Stage AG / Key word(s): Quarter Results/Change in Forecast

07.11.2013 11:49

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.

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Hamburg, 07 November 2013 - According to the preliminary figures for the
first three quarters of the financial year 2013, Capital Stage AG has
generated revenues of 45.9 million euros (previous year: 36.5 million
euros) and achieved earnings before interests, taxes, depreciations and
amortisations (EBITDA) for the group according to IFRS amounting to 42.8
million euros (previous year: 26.2 million euros). The EBIT is 29.2 million
euros (previous year: 17.1 million euros).

Based on this preliminary results for the first nine months the group
improved its earnings forecast for the full year. So far, revenues of more
than 60 million euros, an EBITDA of more than 44 million euros and an EBIT
of more than 26 million euros had been projected.

Now, the management board expects a slightly smaller growth in revenues to
more than 55 million euros (previous year: 45.1 million euros) but a
significantly larger increase of the EBITDA to more than 48 million euros
(previous year: 33.7 million euros) as well as of the EBIT to more than 30
million euros (previous year: 20.5 million euros) for the financial year
2013.

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Information and Explaination of the Issuer to this News:

Felix Goedhart, CEO of Capital Stage AG: 'More than 60 million euros
liquidity and a well-filled deal pipeline give us ideal conditions to
continue our growth process of the past years.'

About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany and Northern Italy with a capacity totaling over 190 MWp, making it
Germany's largest operator of solar parks. Its solar and wind parks
generate attractive returns and continuous revenues, while offering a
moderate level of investment risk.

Capital Stage AG is listed in the regulated market (Prime Standard) of the
Frankfurt Stock Exchange an in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500).

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

For further information:

Karen Westphal
Capital Stage AG
Tel.: + 49 (0)40 378 562 235
Fax: + 49 (0)40 378 562 129
Email: karen.westphal@capitalstage.com

Sebastian Bucher
Kirchhoff Consult AG
Tel.: +49 (0)40 6091 8618
Fax: +49 (0)40 6091 8660

07.11.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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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

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