Research house Edison says that SeaEnergy should see the gap between its market price and the value of its assets close, the ProactiveInvestors reports. Edison analyst Graeme Moyse said that there is a significant gap between the market price of SeaEnergy and the value of its cash balance, and also in its stake in Lansdowne. [...]
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2012 with the following outlook and financial highlights compared with the first quarter of 2011: – EBITDA was DKK 3.6 billion in the first quarter of 2012 compared with DKK 4.8 billion in the first quarter [...]
ACCIONA Group ended 1Q 2012 with EBITDA of 328 million euro, 6.5% up on same period of last year’s figure. Net attributable profit was down 49%, to 29 million euro, mainly as a result of ACCIONA Energy. Revenues saw a 9.5% rise, coming to 1,591 million euro. The rise in Group’s EBITDA stemmed mainly from [...]
Revenue grew 9% in the second quarter, including increases in all Sectors and in all three regions supported by Siemens’ strong order backlog. Orders came in 13% lower, due primarily to significantly lower volume from large orders compared to the prior-year period. On an organic basis, excluding currency translation and portfolio effects, revenue rose 7% [...]
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter of 2012 (which are not subject to audit). ” The integration with Draka has led to a significant growth in size – comments CEO Valerio Battista -, allowing sales to be better distributed geographically and the range of [...]
The Group accounts for the first quarter 2012 comprise Ganger Rolf ASA and its subsidiaries (“The Group of companies”) and the Group of companies´ ownership of associates. Comparable figures for the same period in 2011 in brackets. The accounts are unaudited. The operating result (EBIT) which mainly reflects the holding company costs, was negative with [...]
Approval of plans for a Siemens wind turbine factory in Hull, UK, should be a “wake-up call” for small businesses, according to an industry group. Directors of the Renewables Network – which represents more than 250 companies across the green energy supply chain – have welcomed a decision by the city’s planning authority today to [...]
At the Clean Energy Ministerial on 26 April 2012, the Prime Minister welcomed continuing efforts to reduce the costs of offshore wind energy. Innovation has a significant role to play in improving technology and reducing the cost of energy. This second round of offshore wind innovation funding, with a budget of up to £5m, will [...]
Offshore Energy Exhibition & Conference brings you a series of columns in which prominent industry representatives share their views on key developments in the offshore oil, gas and energy markets. This column is written by Johan van Wijland, Managing Director of Van Oord Offshore Wind Projects. In times of economic hardship it is always nice [...]
IBERDROLA’s first quarter net earnings rose 0.7% to €1,022 million with Ebitda up 4.1% at €2,365 million, driven by international growth and despite a decline in Spain where recent regulatory decisions have had a negative effect. Revenues rose 10% to €9,331 million, while gross margin was up 4.1%. Net operating income (Ebit) rose 1.3% higher [...]
