LM Wind Power reports:

• For Q4 2015, revenues of EUR 207.7 million (up 25.3% year-on-year) and EBITDA of EUR 27.6 million (up 22.7% year-on-year).
   
• For FY 2015, revenues of EUR 750.3 million (up 27.7% year-on-year) and EBITDA of EUR 103.3 million (up 34.0% year-on-year).
   
• A net profit of EUR 5.9 million for FY 2015, compared with a loss of EUR 9.1 million in 2014.
   
• Liquidity of EUR 129.2 million as at 31 December 2015, compared with EUR 62.8 million as at 30 September 2015, largely as a result of the proceeds (EUR 50 million equivalent) from the successful Green Bond issued in October 2015. 
   
• Net debt of EUR 94.6 million as at 31 December 2015 and a leverage ratio (Net Debt / EBITDA) of 0.92x, compared with net debt of EUR 82.4 million as at 31 December 2014 and a leverage ratio of 1.07x.  

	4th quarter			January to December
EUR millions	2015	2014		2015	2014
Revenue	207.7	165.8		750.3	587.7
Operating profit before depreciation and amortization (EBITDA)	27.6	22.5		103.3	77.1
Results from operating activities before special items	10.0	(0.4)		51.9	21.2
Result before income tax	3.0	(2.0)		22.1	5.8
Result for the period	4.0	(4.7)		5.9	(9.1)
EUR milllions
Results from operating activities before special items	10.0	(0.4)		51.9	21.2
Depreciation and amortization	17.6	22.8		51.4	55.9
EBITDA	27.6	22.5		103.3	77.1

 

 

This interim report for Q4 2015 has not been audited or reviewed.
 

Contact details: 
                        
Chris Springham                                                                        
VP, Global Communications & HR                                              
+31 6 14814919

Lene Mi Ran Kristiansen
Senior Manager, Communications & Sustainability
+45 5138 8236