Published: 02 October 2019 02 October 2019
In the first half-year, the ABO Wind group generated revenues of around € 56.6 million (1st half-year 2018: € 56.4 million). The change in inventories amounted to € 2.6 million (2018: € 5.3 million). This results in a total performance of € 59.2 million (2018: € 61.7 million).
At € 5.2 million (2018: € 5.5 million), the group's half-year net profit is in line with expectations. The company continues to assume that a net profit of around ten million euros will be achieved in the full year.
Despite the problems in Germany waiting to be solved, ABO Wind remains robust. Internationally, the company has expanded its activities and is working in 16 countries on future wind and solar parks with a capacity of approximately 10GW. Together, South Africa and Argentina account for more than 5GW. New projects in Finland, Colombia and Tunisia also contributed to the expansion of new business. ABO Wind is currently working on projects with an output of around 1GW in Germany, France and Finland and on projects with an output of around 500MW in Spain.