|FUTUREN recorded a slight decline in revenue in the first half of 2017 (2017/08/02 07:30 AM)|
The Sales of electricity activity relies on long term electricity buyback contracts (15 to 20 years depending on the country) with guaranteed tariffs. This secure activity accounted for 91% of the consolidated revenue in the first half of 2017.
The Development and management of wind farms activity registered a revenue of 2.6 million euros in the first half of 2017, down from the first half of 2016 as the Group recorded third-party development services in the first half of 2016.
FUTUREN is a producer of wind energy, active over the entire wind value chain. The Group develops, builds and operates wind farms in four countries: Germany, France, Morocco and Italy. In total, the Group operates 732 MW for its own account and for third parties.
Registered office: 6 rue Christophe Colomb - 75008 Paris - 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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