Clere AG
Clere AG: publishes 2016 Annual Report
DGAP-News: Clere AG / Key word(s): Final Results CLERE AG publishes 2016 Annual Report Group result positively influenced by one-time effects In the reporting period, earnings before interest and taxes (EBIT) amounted to EUR -3.0 million, compared to EUR -6.7 million for the previous year. This was mainly due to the short fiscal year 2016 and other operating expenses. The EBIT mainly consisted of outlays for legal and advisory services, as well as expenses for the company’s restructuring, the change in business location to Berlin and the establishment of a new team. Because of the reversal of tax provisions, CLERE generated an annual net profit of EUR 4.0 million (previous year: EUR 32.8 million). Earnings per share thus amounted to EUR 0.67 (previous year: EUR 5.56), based on a total volume of 5,889,063 shares. The increase in equity to EUR 148.5 million (previous year: EUR 143.8 million) mainly resulted from the annual profit for the short fiscal year 2016. The equity ratio rose to 91.8% (previous year: 66.4%) due to payments from capital reduction to the shareholders of CLERE AG in October 2016. On the balance sheet date, the Group had cash and cash equivalents of EUR 139.6 million. Consequently, the company has sufficient funds available for its business operations. Events after the end of the period under review On 22 February 2017, CLERE acquired the operating company for an operative solar park in Italy with a capacity of 1 MWp. “In the fiscal year 2017, we will concentrate on the acquisition of additional operating companies in the field of renewable energy. In the long term, stable returns and corresponding dividends should be achieved,” says Thomas Krupke, CEO of CLERE AG. The 2016 Annual Report is now available on the company’s website at http://www.clere.de/1/investors/publications/annual-report/. Contact About CLERE
30.03.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Clere AG |
Schlüterstr. 45 | |
10707 Berlin | |
Germany | |
E-mail: | info@clere.de |
Internet: | www.clere.de |
ISIN: | DE000A2AA402 |
WKN: | A2AA40 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |