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Capital Stage confirms forecast for FY 2016 after strong first half-year - Seite 3
operating earnings forecast for the financial year 2016, according to which
revenues will increase to over EUR 130 million (2015: EUR 112.8 million),
operating EBITDA will exceed EUR 100 million (2015: EUR 86.8 million),
operating EBIT will amount to over EUR 60 million (2015: EUR 55.4 million)
and operating cash flow to over EUR 93 million (2015: EUR 74.5 million).
The forecast is based on the existing portfolio as of the end of March and
also covers the latest acquisitions. This is due to the fact that the
acquired projects will not be connected to the grid before late 2016 or
early 2017 and will therefore make no revenue or earnings contributions in
the current financial year. The company expects, however, that the key
performance indicators for 2017 will improve accordingly.
The 2016 half-year interim report of Capital Stage AG will be published on
31 August 2016.
About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France, Italy and the UK with a total generation capacity of more
than 610 MW. As such, Capital Stage is Germany's largest independent
operator of solar parks. Through the solar and wind parks the company
generates attractive returns and continuous revenues for Capital Stage,
while offering moderate investment risks.
Capital Stage AG is listed in the regulated market (Prime Standard) of the
Frankfurt Stock Exchange and in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital
Stage AG have been listed in the Deutsche Börse Frankfurt a. M. selective
index SDAX since March 2014.
For more information, visit www.capitalstage.com
Contact:
Capital Stage AG
Till Gießmann
Head of Investor & Public Relations
Fon: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-mail: till.giessmann@capitalstage.com
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24.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Capital Stage AG
Große Elbstraße 59
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: Regulated Market in Frankfurt (Prime Standard), Hamburg;
Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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495531 24.08.2016
31 August 2016.
About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France, Italy and the UK with a total generation capacity of more
than 610 MW. As such, Capital Stage is Germany's largest independent
operator of solar parks. Through the solar and wind parks the company
generates attractive returns and continuous revenues for Capital Stage,
while offering moderate investment risks.
Capital Stage AG is listed in the regulated market (Prime Standard) of the
Frankfurt Stock Exchange and in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital
Stage AG have been listed in the Deutsche Börse Frankfurt a. M. selective
index SDAX since March 2014.
For more information, visit www.capitalstage.com
Contact:
Capital Stage AG
Till Gießmann
Head of Investor & Public Relations
Fon: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-mail: till.giessmann@capitalstage.com
---------------------------------------------------------------------------
24.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Capital Stage AG
Große Elbstraße 59
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: Regulated Market in Frankfurt (Prime Standard), Hamburg;
Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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495531 24.08.2016
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