|FUTUREN recorded a revenue up by +4% in 2018 (07/03/2019 07:00)|
(1) For comparison purposes, restatement of the impacts related to the reintegration of Ecoval 30 (end of IFRS 5) and the application of the new IFRS 15 standard. For more information, please refer to the press release published by the Company on July 31, 2018.
In order to strengthen this activity, FUTUREN pursues the completion of its portfolio of wind projects, especially in France. In particular, FUTUREN is currently building 4 wind farms for a cumulative capacity of 71 MW, whose commissioning will occur in 2019. The Group also obtained all necessary authorizations for the upcoming realization of another wind project located in the Charente-Maritime department.
The Development and management of wind farms activity registered a revenue of 4.2 million euros in 2018, down by 14% compared to 2017, mainly because of the termination of some contracts of management for third parties in Germany.
The revenue reported by Ecoval 30 and registered in the "Other Activities" segment amounted to 5.3 million euros in 2018, up by + 2% compared to 2017.
FUTUREN is a group active in the field of wind energy, present throughout the entire wind value chain. The Group develops, builds and owns wind farms in four countries: France, Germany, Morocco and Italy. In total, the Group manages 648 MW for its own account and for third parties.
Registered office: Cœur Défense – 100, esplanade du Général de Gaulle – 92932 Paris La Défense - France
Administrative address: Europarc de Pichaury - Bât. B9 - 1330, avenue JRGG de la Lauzière - BP 80199 - 13795 Aix-en-Provence Cedex 3 - France
Tel: +33 (0)4 42 904 904 – Fax: +33 (0)4 42 904 905 - www.futuren-group.com
The stock is listed on the compartment B of Euronext Paris, symbol: FTRN.
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