EQS-News: Photon Energy Group Reports Financial and Operational Results for the First Half of 2023
Unaudited consolidated EBITDA dropped to EUR 2.833 million compared to EUR 10.142 million a year earlier, down by 72.1% YoY.
- Unaudited consolidated EBITDA dropped to EUR 2.833 million compared to EUR 10.142 million a year earlier, down by 72.1% YoY.
- Amsterdam – 21 August 2023 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (the ‘Group’ or the ‘Company’) announced unaudited financial results as of and for the six months ended June 30, 2023, as well as recent operational developments.
- The Group completed and grid-connected its first Romanian PV power plants with a total installed capacity of 22.1 MWp.
- Current 2023 revenue expectations compared to 2022 consolidated revenues of EUR 95.1 million translate into a 15.6% increase YoY.