INTERIM REPORT 1 JANUARY – 30 JUNE 2018

Second quarter (1 April – 30 June 2018) 

• Net sales for the quarter amounted to MSEK 48 (111).
• Operating profit before depreciation and amortisation (EBITDA) was MSEK 24 (51), of which associates had an impact of MSEK 0 (0) on the Group. Operating cash flow was MSEK 20 (-34).
• Operating profit (EBIT) was MSEK 6 (31).
• Loss before tax amounted to MSEK -13 (9).
• Loss after tax amounted to MSEK -14 (8), or SEK -0.41 per share (0.24).
• Production totalled 118 GWh (141), of which Own wind power operations accounted for 65 GWh (85) and Co-owned wind power operations for 53 GWh (56). The decrease was due to weaker winds than in the preceding year.
• Average income from Own wind power operations was SEK 534 per MWh, of which SEK 340 per MWh (258) pertained to electricity and SEK 193 per MWh (113) to electricity certificates, incl. guarantees of origin.
• An option agreement was signed for the right to acquire Krange Vind AB, which owns two projects of a total of approximately 180 MW.

First half of the year (1 January – 30 June 2018) 

• Net sales for the period amounted to MSEK 103 (155).
• Operating profit before depreciation and amortisation (EBITDA) was MSEK 54 (72), of which associates had an impact of MSEK 0 (0) on the Group. Operating cash flow was MSEK 44 (13).
• Operating profit (EBIT) was MSEK 18 (33).
• Loss before tax amounted to MSEK -29 (-11).
• Loss after tax totalled MSEK -27 (-11), or SEK -0.81 (-0.34) per share.
• Production totalled 251 GWh (326), of which Own wind power operations accounted for 141 GWh (178) and Co-owned wind power operations for 109 GWh (148). The decrease was due to weaker winds than in the preceding year.
• Average income from Own wind power operations was SEK 527 per MWh (354), of which SEK 349 per MWh (268) pertained to electricity and SEK 179 per MWh (86) to electricity certificates, incl. guarantees of origin.

Halmstad 18 July, 2018
ARISE AB (publ)

For further information, please contact
Daniel Johansson, VD Arise AB, +46 702 244 133
Linus Hägg, CFO Arise AB, +46 702 448 916

This information is information that Arise AB] is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication through the agency of the contact persons set out above, at 08.00 CET on 18 July 2018.

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About Arise
Arise is one of Sweden´s leading wind power companies, with the business concept to develop, build and manage onshore wind farms for its own account and on behalf of investors. The company is listed on NASDAQ Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone +46 (0)10 450 71 00, corporate id .no. 556274-6726
E-mail info@arise.se, www.arise.se

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