- Sales at EUR19 million in 2014 (previous year: EUR 4.9 million)
- Quarterly sales in Q4 reach record level of EUR 8.1 million
- Change of segment to the Prime Standard planned in 2015
Heliocentris Energy Solutions AG (ISIN DE000A1MMHE3) has achieved its sales guidance of EUR19-21 million for the 2014 financial year after a strong fourth quarter. Provisional calculations show that the leading provider of hybrid energy supply solutions generated sales of EUR 19 million. This is an increase of 280% on the previous year (2013: EUR 4.9 million).
The significant increase in sales resulted primarily from orders from new mobile telecommunications customers and initial orders from strategic OEM customers. The acquisition of FutureE Fuel Cell Solutions GmbH, a specialist in stationary fuel-cell-based energy supply solutions, contributed approximately EUR 2.8 million to sales in 2014.
Ayad Abul-Ella, CEO of Heliocentris Energy Solutions AG, says: "In the 2014 financial year, we significantly increased our presence in the mobile telecommunications market and consistently demonstrated the strengths of our new business model, the development, installation and commissioning of energy solutions for mobile phone base stations. Our successes in Myanmar, currently the world's fastest growing market for mobile phone base stations, contributed in particular to the rapid sales growth in 2014 and are laying the foundation for further strong growth in 2015. The acquisition of FutureE allowed us to enlarge our offer of fuel-cell-based solutions for the protection of critical infrastructure and thus to considerably expand our business in Germany and potentially Europe. We have therefore established ourselves as a leading provider of fuel-cell-based energy solutions for the protection of public authority network radio masts in Germany."
In addition, Heliocentris Energy Solutions AG is planning to move from the Entry Standard segment into the Prime Standard segment in the regulated market of the Frankfurt Stock Exchange during the course of the year. For this reason, the 2014 annual financial statements will be compiled and published on the basis of International Financial Reporting Standards (IFRS) for the first time. The change of segment is intended to increase the attractiveness of the Heliocentris share on the capital market and to strengthen its position for institutional and international investors and analysts by meeting the strictest requirements for transparency and public disclosure.
About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a leading technology provider of hybrid power solutions and managed power Services Company for energy efficiency solutions and services in the field of distributed power for global customers in the fields of information and communication technology, education and applied research. Heliocentris' energy management systems creates intelligent, remote controlled, reliable and highly efficient hybrid energy solutions from diverse components such as batteries, photovoltaic modules, conventional diesel generators and fuel cells. The solutions reduce CO2 emissions by an average of more than 50% and operating costs by an average of more than 60% compared to conventional energy solutions for mobile telecommunications base stations. Heliocentris' fuel cell systems ensure best in class uninterrupted power supply with long runtimes to critical infrastructure such as tetra base stations, back-bone sites in mobile networks and server stations. The Company employs at present around 185 people and is headquartered in Berlin with offices in Munich, Wendlingen Stuttgart, Dubai, Kuala Lumpur, Vancouver and Johannesburg. Heliocentris AG's shares are traded in the Entry Standard of the Frankfurt Stock Exchange under the security identification number (A1MMHE). Further information is available at www.heliocentris.com.
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Heliocentris Energy Solutions AG. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments. The information in this press release does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other country.
Heliocentris Energy Solutions AG
Rudower Chaussee 29
Tel. +49 (0)30 340 601 500
Fax +49 (0)30 340 601 599