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

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Significant events during the first quarter, January 1, 2015 – March 31, 2015

  • Production for the first quarter totaled 174,693 MWh (77,054)
  • Net sales totaled KSEK 80,151(39,660)
  • EBITDA amounted to KSEK 60,848 (31,101)
  • EBIT was KSEK 36,494 (18,301)
  • The average sales price for wind power production amounted to SEK 486/MWh (518), of which electricity accounted for SEK 299/MWh (321) and electricity certificates and guarantees of origin for SEK 187/MWh (197)

First quarter, January-March 2015

  • Production from the Group’s wind farms during January-March amounted to 174,693 MWh (77,054).
  • Net sales totaled KSEK 80,151 (39,660).
  • EBITDA amounted to KSEK 60,848 (31,101).
  • EBIT was KSEK 36,494 (18,301).
  • The average sales price for wind power production was SEK 486/MWh (518), of which electricity accounted for SEK 299/MWh (321) and electricity certificates and guarantees of origin for SEK 187/MWh (197).
  • Depreciation/amortization totaled KSEK 24,354 (12,800).
  • Profit after tax was KSEK 12,627 (5,756).

Significant events after the end of the period

  • Rabbalshede Kraft has recruited Britta Ersman as Financial and IR Manager, as well as Lars Larsson as Operation Manager. Britta Ersman and Lars Larsson will take up office at Rabbalshede Kraft in July and June, 2015, respectively, and will both be members of the Company’s management group. Company management will comprise Thomas Linnard (CEO), Britta Ersman (Financial and IR Manager), Fredrik Samuelsson (Finance Manager), Lars Larsson (COO) and Peter Bjelkengren (Construction and Purchasing Manager).

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

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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