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Capital Stage AG with Positive Earnings Forecast 2013 - Growth Continues

published: 2013-03-27 14:48

Capital Stage AG expects an increase in revenues to over € 60 million (previous year: € 45.1 million) for the financial year 2013. The IFRS consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to increase to € 44 million (previous year € 33.7 million), EBIT to more than € 26 million (previous year: € 20.5 million) and EBT to over € 14 million (previous year: € 9.5 million). This forecast ist based on the current portfolio of the group. An investment of the current liquidity in the amount of € 20 million is not yet part of the projection.

Capital Stage currently has a portfolio of solar and wind farms with about 175 MW capacity. The expansion of the park business is to be continued. With the proceeds of the capital increase carried out in February 2013, the Group has currently over € 20 million available for investments. The project pipeline is well filled with projects at home and abroad.

Felix Goedhart, CEO of Capital Stage AG: "We have a number of very interesting projects under evaluation and therefore see potential for further growth in 2013."

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