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Interim report, January-June 2015 Rabbalshede Kraft AB (publ)

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Significant events during the second quarter, April 1, 2015 – June 30, 2015 · Production for the second quarter totaled 118,349 (35,631) MWh · Net sales totaled KSEK 53,343 (18,360) · EBITDA amounted to KSEK 31,461 (8,332) · EBIT was KSEK 7,040 (loss: 4,453) · The average sales price for wind power production amounted to SEK 432/MWh (502), of which electricity accounted for SEK 265/MWh (332) and electricity certificates and guarantees of origin for SEK 167/MWh (170)

First six months, January-June 2015

  • Production from the Group’s wind farms during January-June amounted to 293,042 (112,685) MWh
  • Net sales totaled KSEK 133,494 (58,020)
  • EBITDA amounted to KSEK 92,309 (39,433)
  • EBIT was KSEK 43,534 (13,848)
  • The average sales price for wind power production was SEK 456/MWh (506), of which electricity accounted for SEK 285/MWh (324) and electricity certificates and guarantees of origin for SEK 171/MWh (182)
  • Depreciation/amortization totaled KSEK 48,775 (25,585)
  • Profit after tax was KSEK 2,207 (loss: 6,339)

Rabbalshede Kraft has recruited Britta Ersman as IR and Financial Manager, as well as Lars Larsson as Operation Manager. Britta Ersman and Lars Larsson took up office at Rabbalshede Kraft in July and June 2015, respectively, and both are members of the Company’s management group.

The Annual General Meeting (AGM) for the 2014 fiscal year was held on April 23, 2015, in Gothenburg, Sweden.

For further information, please contact:

Thomas Linnard, CEO      
Tel. 46 (0)525 - 197 11, 46 (0)706 100 120               
thomas.linnard@rabbalshedekraft.se

Fredrik Samuelsson, Finance Manager
Tel. 46 (0)525-197 13, 46 (0)703 01 20 49
fredrik.samuelsson@rabbalshedekraft.se

Britta Ersman, IR and Financial manager
Tel. 46 (0)525-197 18, 46 (0)702 79 79 43
britta.ersman@rabbalshedekraft.se

Rabbalshede Kraft AB (publ)
Marknadsvägen 1
SE-457 55 Rabbalshede, Sweden

Telephone 46 (0) 525-197 00
E-mail info@rabbalshedekraft.se
www.rabbalshedekraft.se
Corp. Reg. No. 556681-4652

Rabbalshede Kraft AB (publ) plans and establishes proprietary land-based wind farms, in collaboration with other players or for divestment whereby the company is able to offer operating services. Since Rabbalshede Kraft was formed in 2005, 95 wind turbines have been commissioned, of which 71 turbines in eight wind farms are managed internally. The electricity produced from the Company’s wind farms in operation is sold in the open electricity market, Nord Pool. An extensive project portfolio comprises the basis for growth. The Company has about 250 turbines under procurement, application and planning phases. Follow the Company's progress at www.rabbalshedekraft.se

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Wind power Rabbalshede Kraft wind farms wind power production

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