2G Energy continues to diversify 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 9% y-o-y increase in FY17 sales to a record €189.4m, and EBIT margin rise from 3.2% to 3.9%, both ahead of management expectations.
24 May 2018
Participating in the green energy revolution
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Participating in the green energy revolution
2G Energy AG (2GB:ETR) | 0 0 (-0.3%) | Mkt Cap: 81.7m
- Published:
24 May 2018 -
Author:
Anne Margaret Crow -
Pages:
4
2G Energy continues to diversify 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 9% y-o-y increase in FY17 sales to a record €189.4m, and EBIT margin rise from 3.2% to 3.9%, both ahead of management expectations.