Scandinavian Biogas Interim report for 1 January – 30 June 2016

Net sales continue to rise and the Group’s total assets exceed SEK 1 billion for the first time.

Second quarter in brief

  • The first day of trading for our corporate bond on the NASDAQ Stockholm stock exchange was 8 April 2016
  • The expansion of the upgrading facility in Henriksdal was inaugurated on 28 April 2016
  • Net sales totalled SEK 61.6 million (SEK 42.9 million)
  • EBITDA (operating profit before depreciation and amortisation) was SEK 6.4 million (SEK 5.1 million)
  • The Group posted an operating loss of SEK 5.6 million (loss: SEK 1.3 million)
  • The Group posted a loss after tax of SEK 9.6 million (loss: SEK 7.8 million)

The first half-year in brief

  • The Group acquired the majority of the shares in the Norwegian registered company Biokraft Holding AS in February 2016
  • Net sales totalled SEK 114.4 million (SEK 84.7 million)
  • EBITDA (operating profit before depreciation and amortisation) was SEK 13.4 million (SEK 12.4 million)
  • The Group posted an operating loss of SEK 8.7 million (loss: SEK 0.3 million)
  • The Group posted a loss after tax of SEK 21.0 million (profit: SEK 1.2 million)

The interim report for the second quarter 2016 for Scandinavian Biogas Fuels International AB (publ) is now available on www.scandinavianbiogas.com.

For further information, contact Matti Vikkula, CEO and president,
+46 70 597 99 38,
matti.vikkula@scandinavianbiogas.com

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