NEL ASA: Second quarter 2015 results
(Oslo, 13 August 2015) NEL ASA (“NEL”) reported breakeven adjusted EBITDA in the second quarter of 2015 on revenues of NOK 16 million. Through the acquisition of H2 Logic A/S (H2 Logic) of Denmark, the world's largest independent supplier of hydrogen refuelling stations, the company has significantly strengthened its strategic position. NEL had a pre-tax loss of NOK 8.6 million in the second quarter, after transaction costs of NOK 5.3 million related to the completed acquisition of H2 Logic AS, compared to a pre-tax loss of 1.6 million in the first quarter of 2015. Comparisons are made