ENCAVIS AG

Earnings Release • Jul 31, 2014

News Details

Corporate | 31 July 2014 10:01

Capital Stage accelerates growth in the first half of 2014

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

31.07.2014 / 10:01

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Hamburg, 31 July 2014 - Capital Stage AG, Hamburg, has generated revenues
of 39.5 million Euros in the first half of 2014 (previous year: 26.2
million Euros). This represents an increase by around 51 per cent. The
group's profitability also improved further in the first half of 2014. By
taking into account the other income of 14.6 million Euros (previous year:
11.5 million Euros) the IFRS group earnings before interests, taxes,
depreciations and amortisations (EBITDA) amount to 43.0 million Euros
(previous year: 28.8 million Euros). The EBIT was 30.6 million Euros
(previous year: 20.1 million Euros), an increase by around 52 per cent. The
earnings before taxes (EBT) grew disproportionaltely by 60 per cent and
reached 19.8 million Euros (previous year: 12.4 million Euros).

In the reporting period the group extended its power generation portfolio
through the acquisition of further solar and wind parks in Germany and
France to around 316 MWp (previous year: 193 MWp).

The full half year report of Capital Stage AG will be published on 29
August 2014.

About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France and Italy with a capacity totalling to around 316 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). The shares of Capital
Stage AG have been included in the Deutsche Börse selective index SDAX in
March 2014.

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

Contacts:

Thomas Schnorrenberg
Capital Stage AG
Tel.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-Mail: thomas.schnorrenberg@capitalstage.com

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

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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
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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