LM Group Holding A/S - LM Group Holding A/S issues quarterly financial report Q4 2014

27.02.2015 08:52:59 CET

LM Group Holding A/S issues quarterly financial report Q4 2014

Company announcement 2/2015

Interim Report for Q4 2014
(1 October 2014 - 31 December 2014)

LM Wind Power reports revenue of EUR 165.8 million and EBITDA of EUR 22.5 million for Q4 2014, both higher than the comparable period in 2013.

Highlights:

Q4 and FY revenue were EUR 165.8 million and EUR 587.7 million respectively, up EUR 28.3 million and EUR 99.6 million respectively.
Q4 and FY EBITDA were EUR 22.5 million and EUR 77.1 million respectively, up EUR 2.9 million and EUR 11.5 million respectively.
Group liquidity comprising cash and undrawn credit facility amounted to EUR 80.2 million at the end of Q4 2014, an improvement of EUR 13.3 million from the end of Q3, 2014.


EUR millions	4th quarter		January to December
	2014	2013	2014	2013

Revenue	165,8	137,5	587,7	488,1
Operating profit before depreciation and amortization (EBITDA)	22,5	19,6	77,1	65,6
Results from operating activities before special items	(0,4)	8,3	21,2	13,7
Profit/(Loss) before income tax	(2,0)	(8,4)	5,8	(31,8)
Profit/(Loss) for the period from continuing operations	(4,7)	(31,9)	(9,6)	(46,4)
Profit/(Loss) for the period	(4,7)	(7,4)	(9,1)	(80,1)

EBITDA:
Results from operating activities before special items	(0,4)	8,3	21,2	13,7
Depreciation and amortization	22,8	11,3	55,9	51,9
EBITDA	22,5	19,6	77,1	65,6

This interim report for Q4 2014 has not been audited or reviewed.

Contact details:

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

LM Group Holding Q4 2014 Interim report