Energy, Estonia, Technology

The group’s sales revenue in the second accounting quarter was 16.6 million euros and in 6- months period 27.5 million euros. During the reporting quarter, sales revenue increased by 52% or 5.6 million euros compared to the previous quarter, and 50% or 5.5 million euros in relation to the comparison period.

The consolidated net profit of the second quarter of 2015 was 1.573 million euros (5.954 million in the second quarter of 2014), of which the share of the owners of the company was 1.557 (Q2 2014: 5.970) million euros.

Overall, the consolidated net profit of the first half of 2015 was 1.583 (H1 2014: 6.325) thousand euros. The share of the owners of the company was 1.572 (H1 2014: 6,361) thousand euros.

The results of the first six months of the year were the most affected by the following circumstances: the reporting period that is compared does not reflect the business results of Finnkumu Oy (acquired in June 2014); the net profit of the first six months of 2014 include the financial income from the sale of PKC Group Oyj shares at 4.6 million euros and the consolidated profit of 0.8 million euros from the related company (AS Draka Keila Cables).