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    DGAP-News  498  0 Kommentare Heliocentris Energy Solutions AG publishes report on HY1 2015 - Seite 2


    months of the year. Along with this, the company is planning to keep fixed
    costs at the same level as in the first half of the year, which should
    result in a significant improvement in gross profit in the second half of
    2015 if profit contributions remain positive as expected.

    In the first half of the year, the total comprehensive income (loss) for
    the period was EUR -10,637 thousand (previous year: EUR -5,792 thousand).
    Several factors determined the total comprehensive loss. Due to delays in
    acquiring new customers in the first half of 2015, no additional profit
    contributions were generated compared with 2014. This was in addition to
    cost increases, which were essentially due to the acquisition of FutureE
    Fuel Cell Solutions GmbH (subsequently Heliocentris Fuel Cell Solutions
    GmbH) and the non-recurring costs relating to the segment transformation
    and restructuring of the company.

    Ayad Abul-Ella, CEO of Heliocentris Energy Solutions AG, commented: "Sales
    and earnings development fell short of our expectations in the first half
    of the year. However, positive signs from recently acquired large-volume
    orders and new customers form a good basis for a strong second half to the
    year." In the first half of the year, for example, the company expanded its
    customer base in the industrial business considerably. "We are especially
    proud of the completion of a global framework agreement with one of the top
    15 mobile network operators in the world, which represents significant
    order potential in itself." In addition, the company acquired further major
    orders and customers in Myanmar and the United Arab Emirates (UAE) during
    the reporting period.

    As at 28 August 2015, sales and order backlog combined total EUR 21.9
    million and are thus EUR 7.3 million higher than in the comparative period
    of the previous year and already EUR 3.0 million higher than total sales in
    2014. In light of rising sales and the elimination of non-recurring
    effects, the Management Board expects to see a significantly improved
    result in the second half of 2015 compared with the first half of the year.

    Further financial figures and the underlying details can be found in the
    half-yearly financial report, which is published in the Investor Relations
    section of the website at www.heliocentris.com.

    About Heliocentris Energy Solutions AG


    Heliocentris Energy Solutions AG is a leading technology provider of energy
    management systems and hybrid power solutions for distributed stationary
    industrial applications, as well as of products and solutions for
    education, training and applied research purposes in the field of fuel
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    DGAP-News Heliocentris Energy Solutions AG publishes report on HY1 2015 - Seite 2 DGAP-News: Heliocentris Energy Solutions AG / Key word(s): Half Year Results Heliocentris Energy Solutions AG publishes report on HY1 2015 28.08.2015 / 17:30 --------------------------------------------------------------------- Heliocentris Energy …