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BRIEF-Photon Energy Q2 profit down at 347,000 euros YoY

Published 09/08/2016, 04:06 pm
Updated 09/08/2016, 04:10 pm
BRIEF-Photon Energy Q2 profit down at 347,000 euros YoY

Aug 9(Reuters) - Photon Energy NV PENP.WA :

* Said on Monday Q2 revenue was 4.5 million euros ($5.0 million) versus 4.3 mln euros a year ago

* Q2 EBITDA was 2.8 mln euros vs 2.6 mln euros a year ago

* Q2 profit from continuing operations was 347,000 euros vs 1.4 mln euros a year ago

* In 2016 Q2 the proprietary portfolio of PV plants generated approximately 9.7 GWh, which was 2.3 pct below the energy forecasts and down by 0.6 pct compared to Q2 2015

* The total portfolio of Photon Energy Operations grew to 154 MWp as of the end-Q2 compared to 139 MWp a year ago

Source text for Eikon: company coverage: PENP.WA

($1 = 0.9029 euros) (Gdynia Newsroom)

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