DGAP-News: KTG Energie AG: High rate of expansion ensures

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DGAP-News: KTG Energie AG: High rate of expansion ensures sustainable earnings

DGAP-News: KTG Energie AG / Key word(s): Miscellaneous KTG Energie AG: High rate of expansion ensures sustainable earnings 27.08.2014 / 09:07 --------------------------------------------------------------------- KTG Energie AG: High rate of expansion ensures sustainable earnings - KTG Energie providing more than a quarter of the total new installation in the market - German Biogas Association forecasts 37 megawatts of new installation in Germany in 2014 - KTG Energie is market leader with 10 megawatts of new installation - Sales base more than EUR80 million - EBITDA base over EUR22 million Hamburg, August 27, 2014 - In 2014, KTG Energie AG (ISIN: DE000A0HNG53) is once again one of the fastest growing companies in the biogas market. During 2014, KTG Energie expanded its production capacity by 10 MW to a total of 53 MW and thus provides more than a quarter of the total new installation volume of biogas systems in Germany. The German Biogas Association is anticipating new installation of 37 MW in 2014. "We adapted to the expected changes brought about by the amendment to the Renewable Energy Act at an early stage and speeded up expansion considerably, so that we will have secured the advantageous conditions of the 2012 Renewable Energy Act by the end of July 2014 - and thus before the amendment comes into force", explains Dr. Thomas Berger, CEO of KTG Energie AG. From fiscal year 2014/2015, the capacity of 53 MW corresponds to a sales base secured in the long-term of over EUR80 million and to an earnings base secured in the long-term of over EUR22 million on an EBITDA basis. For the current fiscal year, which will end in October, the Executive Board is anticipating sales of over EUR65 million, and EBITDA of between EUR19.5 and EUR20.5 million, as well as EBIT of between EUR12 and EUR12.5 million. "This timely expansion has enabled us to once again confirm our position as a technological leader", says Christian Heck, COO of KTG Energie AG. In future, KTG Energie wants to grow through favorable acquisition opportunities, additional optimization potential of existing systems as well as new prospects in the market for mobile heat transport and in the construction of biogas systems that use agricultural and biological waste products. About KTG Energie AG KTG Energie AG, based in Hamburg, is specialized in the production of renewable energies from renewable raw materials. To this end, the company has been operating biogas plants in Germany since 2006 and covers the entire value added chain from the planning and construction to the operation of the systems. Sales quantities are guaranteed through the Renewable Energy Act (EEG) for a period of 20 years at fixed conditions. Today, over a quarter of a million people are already supplied with clean, environmentally-friendly energy. As a subsidiary of the agricultural company KTG Agrar AG, the supply of renewable raw materials - particularly catch crops, grass and straw - is guaranteed in the long term. KTG Energie currently employs around 69 staff. In the short fiscal year 2013, the company more than doubled sales volume to EUR50.9 million, in comparison with the first ten months of the previous year (January through October 2012: around EUR23 million). The operative result (EBITDA) improved by 97% to EUR13.2 million (January through October 2012: EUR6.7 million), while EBIT increased to EUR8 million. The individual company KTG Energie AG achieved a profit of over EUR3 million, of which it distributed almost 80% as a dividend to shareholders (EUR0.40 per share). The company has been listed on the Frankfurt Stock Exchange since 2012. Contact: Investor Relations / Press Tobias M. Weitzel BSK Becker+Schreiner Kommunikation GmbH Phone: +49 2154-8122 16 E-mail: weitzel@kommunikation-bsk.de --------------------------------------------------------------------- 27.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: KTG Energie AG Ferdinandstr. 12 20095 Hamburg Germany Phone: +49 40 76755372 Fax: +49 40 76755374 E-mail: info@ktg-energie.de Internet: www.ktg-energie.de ISIN: DE000A0HNG53, DE000A1ML257, WKN: A0HNG5, A1ML25 Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Frankfurt in Open Market (Entry Standard) End of News DGAP News-Service --------------------------------------------------------------------- 284069 27.08.2014

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