DGAP-News

2G Energy AG with solid annual result in transition year 2015. - Seite 2

share of total Group revenue amounted to 27.0 % in 2015 (previous year:
21.0 %), and with CHP system sales the export share was even as high as
35.3 % (previous year: 27.7 %).

Among foreign markets, the United Kingdom proved to be an attractive sales
market again in the 2015 financial year, with the Group's UK subsidiary 2G
Energy Ltd. generating EUR 13.3 million of revenue (previous year: EUR 14.9
million). The company's US subsidiaries 2G Energy Inc. and 2G Cenergy Inc.
- which are now combined operationally - also made an important revenue
contribution of EUR 12.8 million. In analyzing the US business, a direct
comparison with the previous year's EUR 6.3 million is not possible, as 2G
Cenergy Inc. was not yet fully consolidated in the 2014 financial
statements.

In terms of gas types, 47.5 % (previous year: 52.1 %) of Groupwide sales
revenues were attributable to biogas operated 2G systems, and 52.5 %
(previous year: 47.9 %) to natural gas operated systems. Revenues generated
in Germany and abroad continue to present two contrasting pictures: while
85.2 % (previous year: 83.2 %) of CHP system revenues abroad derive from
biogas operated CHP systems, the business in Germany continued to be
dominated by natural gas operated systems with a 73.1 % revenue share
(previous year: 59.9 %).

With a look to the current 2016 financial year, growth is expected in terms
of both revenue and EBIT compared with 2015. The high order book position
that 2G has carried forward into the current financial year forms a good
starting basis for this. 2G registered in Q4 2015 new order intake that was
significantly above the previous year's levels. As of December 31, 2015,
the company reported an order book position of EUR 85.5 million (previous
year: EUR 42.3 million), with the sum of orders included in the order book
position, but not yet having been started, amounting to EUR 52.0 million
(previous year: EUR 17.4 million). Of the total order book position, 41 %
(previous year: 26 %) derives from abroad, which the company appraises as a
positive signal given its internationalization strategy.

Somewhat quiet ordering patterns during the course the first quarter 2016
reflect the fact that a number of the orders received at the end of 2015
derive from the utilization of option rights granted before the amended
German Cogeneration Act came into force as of January 1, 2016. New order
intake during the first quarter 2016 consequently stood at EUR 13.3 million
(previous year: EUR 18.7 million). New orders received and finally invoiced