- Published: 01 April 2016 01 April 2016
In 2015, Bladt Industries primarily executed projects within offshore wind foundations and substations and secondarily within the Nordic infrastructure markets. In 2015, EBITDA (earnings before interest, tax depreciation and amortisation) increased significantly to DKK 139 million (2014: DKK 24 million).
In 2015, Bladt Industries solidified its strong position in the jacket foundations market for offshore wind turbines. Bladt Industries is executing back-to-back orders for serial produced jacket foundations for offshore wind with the order for 41 jacket foundations for the Wikinger offshore wind farm. Gross profit amounted to DKK 138 million (2014: 20 million) and was positively impacted by the sound execution of Bladt Industries’ project portfolio. Capacity costs increased in 2015 as a result of the continued development of project and contract management as well as support resources. Operating profits (EBIT) increased to DKK 103 million (2014: -8 million). Bladt Industries expects growth in gross profit and earnings in 2016, compared. The outlook is, among other things, based on a strong order book with ongoing and firm contracts such as transition pieces for the monopile type offshore wind foundations for the Veja Mate and the Burbo Bank Extension offshore wind farms, jacket type foundations for the Wikinger offshore wind farm, and offshore substations for the Sandbank, Nordsee One and the Bligh Bank 2 offshore wind farms.