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Photocat A/S: 3rd Quarter Interim Report Main h

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Post# of 301275
(Total Views: 45)
Posted On: 11/03/2017 3:00:28 PM
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Posted By: News Desk 2018
Photocat A/S: 3rd Quarter Interim Report

Main highlights during the third quarter of 2017

  • The Roskilde Report is delivered to the Municipality of Roskilde following a 3 year study on the effect of photocatalysis.
    • The report show that the technology effectively reduces NOx.
    • Shows that for every 1 DKK spent on photocatalysis a net present value of 2 DKK is generated.
  • Binne & Sohn attain and install first NOXOFF reference project  in Leipzig.
  • Asak Miljøstein experience slower than expected market uptake from public purchasers  in Oslo, Bergen and Trondheim. The first major public reference delivered to the Sam Eyde School in Arenda.
  • Prehorqui S.A. develops a new photocatalytic concrete panel.
  • S:T Eriks, Sweden's leading manufacturer of concrete products, completed the development of its new road element with NOx degrading capabilities.

Main highlights after the third quarter of 2017

  • S:T Erik launched its air+ brand in Sweden during the Nordic Road conference in October.
  • Asak Miljøstein exhibited ClearNOx at the leading building conference in Norway, "Bygg Reis Deg". 
  • First political breakthrough in Roskilde as the political party "Venstre" puts photocatalysis on the agenda.
  • Cristal, a leading manufacturer of TiO2, estimates that the photocatalytic market will grow by 12.6 % p.a. until 2020. 

 

Summary financials

Amounts in DKK '000s 1 Jul - 30 Sep 2017 1 Jul - 30 Sep 2016 1 Jan - 30 Sep 2017 1 Jan - 30 Sep 2016 Full Year 2016**
Revenue from photocatalytic fluid 669.7 606.0 3,493.1 3,789.5 4,446.1
Revenue from Consultancy, Equipment & Other 193.3 259.3 1,645.0 1,050.5 1,188.8
Gross Profit - 670.4 - 1,119.2 - 446.2 - 948.5 -2,593.9
EBITDA - 1,923.8 - 2,455.8 - 4,158.7 - 4,274.4 - 7,341.5
P/L before Tax - 2,440.1 - 3,095.3 - 6,202.6 - 6,233.7 -9,954.9
Net Profit - 2,370.4 - 3,095.3 - 5,957.9 - 6,123.5 - 9,782.4
Total Assets 16,460.6 19,842.0 16,460.6 19,842.0 16,029.9
Equity 12,568.4 12,868.0 12,568.4 12,868.0 9,209.0
Debt 3,892.2 6,974.1 3,892.2 6,974.1 6,820.9
Cash at Hand 1,085.5 3,100.3 1,085.5 3,100.3 172.4
** Audited
Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...80865f53b2



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