Year-end report 1 January – 31 December 2018

Fourth quarter (1 October – 31 December 2018) 

•  Net sales for the quarter amounted to MSEK 90 (60).
•  Operating profit before depreciation and amortisation (EBITDA) was MSEK 46 (40), of which associates had an impact of MSEK 0 (7) on the Group. Operating cash flow was MSEK 30 (31).
•  Operating profit (EBIT) was MSEK 28 (22).
•  Profit before tax amounted to MSEK 5 (6).
•  Profit after tax totalled MSEK 2 (5), corresponding to SEK 0.07 (0.14) per share.
•  Production decreased to 168 GWh (202), of which Own wind power operations accounted for 85 GWh (108) and Co-owned wind power operations for 83 GWh (94). The decrease was due to weaker winds than normal.
•  Average income from Own wind power operations was SEK 437 per MWh (403), of which SEK 317 per MWh (280) pertained to electricity and SEK 120 per MWh (122) to electricity certificates.

Full-year (1 January – 31 December 2018) 

•  Net sales for the period amounted to MSEK 343 (257).
•  Operating profit before depreciation and amortisation (EBITDA) was MSEK 191 (131), of which associates had an impact of MSEK 0 (7) on the Group. Operating cash flow was MSEK 114 (96).
•  Operating profit (EBIT) was MSEK 118 (-99).
•  Profit before tax amounted to MSEK 28 (-178).
•  Profit after tax totalled MSEK 21 (-180), corresponding to SEK 0.64 (-5.39) per share.
•  Production declined to 547 GWh (635), of which Own wind power operations accounted for 295 GWh (348) and Co-owned wind power operations for 252 GWh (287). The decrease was due to weaker winds than normal.
•  Average income from Own wind power operations was SEK 512 per MWh (380), of which SEK 344 per MWh (272) pertained to electricity and SEK 169 per MWh (109) to electricity certificates. 

Halmstad 15 February, 2019 

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 15 February 2019.

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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