2G Energy has diversified its activities, expanding export markets and developing service revenues, so that it is less exposed to changes in the regulatory environment for renewables and CHP in Germany. This supported a 13.5% year-on-year increase in sales during H117 and a substantial reduction in operating losses. We note that the first half is typically loss making while 2G Energy works on CHP projects for delivery in the second half.
09 Oct 2017
Continued internationalisation reduces losses
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Continued internationalisation reduces losses
2G Energy AG (2GB:ETR) | 0 0 (-0.3%) | Mkt Cap: 81.7m
- Published:
09 Oct 2017 -
Author:
Anne Margaret Crow -
Pages:
5
2G Energy has diversified its activities, expanding export markets and developing service revenues, so that it is less exposed to changes in the regulatory environment for renewables and CHP in Germany. This supported a 13.5% year-on-year increase in sales during H117 and a substantial reduction in operating losses. We note that the first half is typically loss making while 2G Energy works on CHP projects for delivery in the second half.