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DGAP-News: Capital Stage shows considerable growth in revenues and earnings in first quarter 2014

May 8, 2014

DGAP-News: Capital Stage AG / Key word(s): Quarter Results Capital Stage shows considerable growth in revenues and earnings in first quarter 2014 08.05.2014 / 16:30 --------------------------------------------------------------------- Hamburg, 8 May 2014 - Capital Stage AG, Hamburg, has considerably increased its revenues and earnings key figures in the first quarter of 2014. Revenues rose by 42.4 per cent to 12.1 million euros (previous year: 8.5 million euros). Including other income the group generated IFRS group earnings before interests, taxes, depreciations and amortisations (EBITDA) amounting to 15.8 million euros (previous year: 11.0 million euros). This represents an increase by 43.6 per cent. EBIT was 10.3 million euros (previous year: 6.1 million euros) and by this grew disproportionately by 68.8 per cent. Earnings before taxes (EBT) increased by 90.6 per cent to 6.1 million euros (previous year: 3.2 million euros). Profit tax charge was 0.8 million euros (previous year: 0.9 million euros). The resulting surplus of the group according to IFRS amounted to 5.3 million euros (previous year: 2.3 million euros) and thus, with increasing by 130.4 per cent, more than doubled compared to corresponding reporting period of the previous year. In the reporting period the group expanded its power generation portfolio considerably. Especially the acquisition of a solar park portfolio in France with a capacity of around 40 MWp represented the largest single investment in the company's history with a total volume of 140 million euros, including the take over of the existing debt financing. Currently, the Capital Stage portfolio consists of solar and wind parks with a total capacity of around 300 MWp. The full financial report of Capital Stage AG for the first quarter 2014 will be published on 30 May 2014. About Capital Stage AG: Since 2009, Capital Stage has acquired solar power plants and wind parks in Germany, France and Italy with a capacity totalling to around 300 MWp, making it Germany's largest operator of solar parks. Its solar and wind parks generate attractive returns and continuous revenues, while offering a moderate level of investment risk. Capital Stage AG is listed in the regulated market (Prime Standard) of the Frankfurt Stock Exchange an in the regulated market of the Hanseatic Stock Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital Stage AG have been included in the Deutsche BÖrse selective index SDAX in March 2014. For further information about the company, please visit www.capitalstage.com Contacts: Thomas SchnorrenbergCapital Stage AG Tel.: + 49 (0)40 37 85 62-242 Fax: + 49 (0)40 37 85 62-129 E-Mail: thomas.schnorrenberg@capitalstage.comSebastian BucherKirchhoff Consult AG Tel.: + 49 (0)40 60 91 86-18 Fax: + 49 (0)40 60 91 86-60 E-Mail: sebastian.bucher@kirchhoff.de End of Corporate News --------------------------------------------------------------------- 08.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Capital Stage AG Große Elbstraße 45 22767 Hamburg Germany Phone: +49 4037 85 62 -0 Fax: +49 4037 85 62 -129 E-mail: info@capitalstage.com Internet: www.capitalstage.com ISIN: DE0006095003 WKN: 609500 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg; Freiverkehr in Berlin, DÜsseldorf, MÜnchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 267371 08.05.2014


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Source: DGAP Corporate News


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