Photon Energy N.V.: Photon Energy records positive Q2 2015

Company grows its EBITDA and records a profit before taxation of EUR 1.55 million

Amsterdam (pta022/17.08.2015/14:30 UTC+2) Photon Energy has published its report for Q2 2015 during which the company grew its EBITDA and recorded a profit before taxation of EUR 1.55 million.

During the last quarter, Photon Energy's revenues fell by 5% YOY to EUR 4.3 million but the company managed to grow its EBITDA by 3% YOY to EUR 2.6 million and to record a profit before taxation of EUR 1.55 million, compared to a EUR 0.6 million loss for the same period last year. Reflecting changes in the financing structure and improved operating margins across business lines, the improvement in earnings experienced during the first quarter was therefore confirmed. In light of this positive trend for the first half of 2015 and taking into account the contract recently signed in Australia for the construction of a 348 kWp power plant as well as the recently secured O&M contracts, the Group keeps on targeting a positive bottom line in 2015.

The full report can be downloaded at http://www.photonenergy.com

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Emitter:	Photon Energy N.V. Barbara Strozzilaan 00201 1083 HN Amsterdam Netherlands
Contact Person:	Jan Krcmar
Phone:	+420 773 032 182
E-Mail:	jan.krcmar@photonenergy.com
Website:	www.photonenergy.com
ISIN(s):	DE000A1HELE2 (Bond) NL0010391108 (Share)
Stock Exchange(s):	Free Market in Berlin, Frankfurt, Hamburg, Hannover; Vienna Stock Exchange (Corporates Prime)
Other Stock Exchanges:	Warsaw NewConnect