14.11.2014 08:50:00 CET

LM Group Holding A/S issues quarterly financial report Q3 2014

Company announcement 7/2014

Interim Report for Q3 2014

(1 July 2014 - 30 September 2014)

LM Wind Power reports revenue of EUR 149.0 million and EBITDA of EUR 19.4 million for Q3 2014.

Highlights:

 
 

EUR millions   3rd quarter     January to September
  2014 2013   2014 2013
           
Revenue  149.0  117.2    422.0  350.6
Operating profit before depreciation and amortization (EBITDA)  19.4  13.7    48.5  46.0
Operating profit before special items  9.3  0.3    15.4  5.4
Net finance costs  3.8  (10.9)    (5.5)  (27.6)
Profit/(Loss) before income tax  12.6  (10.8)    7.8  (23.4)
Profit/(Loss) for the period from continuing operations  5.5  (6.3)    (4.9)  (14.5)
Profit/(Loss) for the period  5.5  (67.1)    (4.4)  (72.7)
           
EBITDA:          
Results from operating activities before special items  9.3  0.3    15.4  5.4
Depreciation and amortization  10.1  13.4    33.1  40.6
EBITDA  19.4  13.7    48.5  46.0


This interim report for Q3 2014 has not been audited or reviewed.
 

There will be a conference call on 21 November 2014, at 2:30pm (CET) where the CFO, Nick Smith, will go through the Q3 interim report. The conference call will be in English. To participate, please call one of the following numbers (the one closest to your location).
 
+45 3271 3505 (Denmark)
+31 (0) 207 085 041 (Netherlands)
+44 (0) 203 140 8110 (United Kingdom)
+1 347 532 1792 (United States )

If prompted, enter the Meeting Number: * 606279 * (Be sure to enter the * star key before and after the Meeting Number).


Contact details:
                       
Chris Springham                                                                        Lene Mi Ran Kristiansen
VP Global Communication & HR                                                 Manager, Global Communications
+31 6 14814919                                                                       + 45 5138 8236

LM Group Holding Q3 2014 Interim report