Main highlights during the fourth quarter of 2017
- S:T Erik launched its air+ brand in Sweden during the Nordic Road conference in October.
- Delivered first order to S:T Eriks AB.
- Asak Miljøstein exhibited ClearNOx at the leading building conference in Norway, "Bygg Reis Deg".
- First political breakthrough in Roskilde as the political party "Venstre" puts photocatalysis on the agenda.
- ShineOn patent granted in Europe.
- Implemented changes to cost structure.
- Participated at the Danish Conference Building Green with a first ever real-life demonstration of photocatalysis with commercially available NOxOFF products.
- Delivered to new Spanish customer, Terrazo Ruiz.
Main highlights after the fourth quarter of 2017
- Delivered first order for Photocat Garden in 2018.
- Lauzon Flooring grants Stonetreatment A/S distributions rights in Europe.
- Lauzon reports strongest quarter ever. Up 56 % from Q4 2016 and 19 % higher than its previous strongest quarter.
- Photocat launched monthly newsletter initiative. Registration is available on website, click here.
- Photocat opened registrations for the event "Clean Air with Photocatalysis", register here. The event will host Professor Akira Fujishima (the inventor of photocatalysis). The event is hosted by Photocat together with the Carlsberg foundation in Copenhagen on the 24th of April.
Amounts in DKK '000s | 1 Oct - 31 Dec 2017 | 1 Oct - 31 Dec 2016 | 1 Jan - 31 Dec 2017 | 1 Jan - 31 Dec 2016 | Full Year 2016** |
Revenue from photocatalytic fluid | 810.2 | 656.6 | 4,303.4 | 4,446.0 | 4,446.0 |
Revenue from Consultancy, Equipment & Other | 121.5 | 138.3 | 1,766.5 | 1,188.9 | 1,188.9 |
Gross Profit | 362.9 | - 1,646.9 | - 83.2 | - 2,593.9 | -2,593.9 |
EBITDA | - 191.0 | - 3,094.8 | - 4,349.7 | - 7,341.5 | - 7,341.5 |
P/L before Tax | - 747.4 | - 3,721.2 | - 6,950.0 | - 9,954.9 | -9,954.9 |
Net Profit | - 669.5 | - 3,659.0 | - 6,627.4 | - 9,782.5 | - 9,782.5 |
Total Assets | 16,089.8 | 16,029.9 | 16,089.8 | 16,029.9 | 16,029.9 |
Equity | 11,520.9 | 9,209.0 | 11,520.9 | 9,209.0 | 9,209.0 |
Debt | 4,568.9 | 6,820.9 | 4,568.9 | 6,820.9 | 6,820.9 |
Cash at Hand | 761.1 | 172.4 | 761.1 | 172.4 | 172.4 |
** Audited |
http://www.globenewswire.com/NewsRoom/AttachmentNg/e9d3a122-313b-4661-b714-6c5e04ffd176