- Sales climb 230% to 10.9 million EUR
- Order backlog quadruples to 6.5 million EUR as of 30 September 2014
- Quarterly sales in Q3 reach record level of 6.4 million EUR
Berlin, 15 October 2014 – Heliocentris Energy Solutions AG, which is listed in the Entry Standard at the Frankfurt Stock Exchange (SIN A1MMHE), achieved new records in sales and order backlog in the first nine months of 2014. The sales of the leading provider of hybrid energy supply solutions climbed 230% to 10.9 million EUR (same period of the previous year: 3.3 million EUR). The significant increase in sales resulted primarily from orders from new mobile telecommunications customers, initial orders from strategic OEM customers and from the takeover of FutureE. As of 30 September 2014, the order backlog reached a new high of 6.5 million EUR compared to 1.6 million EUR on the same date of the previous year. This was driven chiefly by the dynamic market development in Myanmar, currently the world’s fastest growing market for mobile transmission stations.
Ayad Abul-Ella, CEO of Heliocentris AG, is delighted with the business performance: “The current figures are speaking plain language. The level of sales and orders totalling 17.4 million EUR as of 30 September 2014 reinforces the development of our business and the scalability of our business model. We are thus moving closer to our actual target of reaching sales of 20 million EUR in 2014. In addition, by acquiring FutureE Fuel Cell Solutions GmbH, a specialist in stationary fuel-cell-based energy supply solutions, we have significantly expanded our presence in the grid-connected telecommunications market and, as the market leader for fuel-cell-based energy solutions in telecoms and industry, we are clearly on track for growth in Germany.”
About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a leading technology 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 system creates intelligently controlled, reliable and high-efficiency 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. The Company employs around 170 people and is headquartered in Berlin with offices in Munich, Wendlingen, 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. Disclaimer 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
Tel.: +49 89 2000 414 440