Year-End Report 1 January – 31 December 2013

Report this content

Fourth quarter (1 October – 31 December 2013)

  • Net sales during the quarter amounted to MSEK 87 (63).
  • Wind energy content during the quarter was approximately 12% higher than the average since 2002, according to the Danish Wind Index.
  • Operating profit before depreciation (EBITDA) amounted to MSEK 72 (56), of which MSEK 13 (9) represented Arise’s share of profits in the associated company owning the Jädraås project.
  • Profit/loss before tax amounted to MSEK 31 (-11).
  • Profit/loss after tax totalled MSEK 27 (-7) which is equivalent to SEK 0.82 (-0.22) per share.
  • Power production amounted to 236 (109) GWh, of which the segment Own wind power operations produced 124 (84) GWh and the segment Co-owned wind power operations produced 112 (25) GWh.
  • Average income from Own wind power operations amounted to SEK 704 (748) per MWh, with SEK 403 (447) per MWh from electricity and SEK 301 (301) per MWh from electricity certificates.

Full year (1 January – 31 December 2013)

  • Net sales for the year amounted to MSEK 231 (210).
  • Wind energy content during the year was approximately 5% lower than the average since 2002, according to the Danish Wind Index.
  • Operating profit before depreciation (EBITDA) amounted to MSEK 195 (177), of which MSEK 16 (9) represented Arise’s share of profit in the associated company owning the Jädraås project.
  • Profit/loss before tax amounted to MSEK 32 (-22).
  • Profit/loss after tax amounted to MSEK 29 (-16) which is equivalent to SEK 0.86 (-0.47) per share.
  • Power production amounted to 599 (351) GWh, of which Own wind power operations produced 328 (326) GWh and Co-owned wind power operations produced 271 (25) GWh.
  • Average income from Own wind power operations amounted to SEK 704 (645) per MWh, with SEK 414 (390) per MWh from electricity and SEK 290 (255) per MWh from electricity certificates.

Halmstad 14 February, 2014

ARISE AB (publ)

 
For further information, please contact

Peter Nygren, CEO Arise AB, +46 706 300 680
Thomas Johansson, CFO Arise AB, +46 768 211 115

The information contained herein constitutes information which Arise AB is legally required to publish under the Swedish Securities Market Act (2007:528) and/or the Swedish Financial Instruments Trading Act (1991:980). The information was released for publication at 08.00. a.m. on 14 February 2014.

  
About Arise

Arise is one of Sweden's leading companies in onshore wind power. Its business concept is to sell electricity generated at the company's own wind turbines. The company's target is to have 1,000 MW of onshore wind power constructed and under management by 2017, of which 500 MW will remain in the ownership of the company. Arise is listed on NASDAQ OMX Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone +46 (0)35 20 20 900, corporate id .no. 556274-6726
E-mail
info@arise.se, www.arise.se