ALKANE POSITIVITY18 Oct 2014 11:08
ALKANE ENERGY IS NOT A NEGATIVE INVESTMENT
Negative thoughts drain you of energy and keep you from being in the present moment. The more you give in to your negative thoughts, the stronger they become. I like the imagery of a small ball rolling along the ground, and as it rolls, it becomes bigger and faster.
Operational Highlights
POSITIVE:-
· Transformational period with installed capacity increased by 69%
· On track to reach 100MW power response capacity by H1 2015
· Completion of sealing works at Maltby
· Successful acquisition of Wheldale STOR facilities and completion of Egdon shale transaction
· Acquisition of three power response sites (49MW) from Carron Energy post period end
Financial Highlights
· Revenue of £7.1m and adjusted EBITDA of £2.5m, owing to anticipated reduction in DBO business
· Group PBT of £7.3m (H1 2014: £1.0m) owing to exceptional items
· Adjusted PBT of £529k (H1 2013: £1,421K) reflecting reduced DBO activity
· Adjusted EPS of 0.43p per share (H1 2013: 1.43p per share)
· On track to meet full year expectations
NEIL O'BRIEN IS POSITVE