Obton Holding II A/S achieves solid results for 2016

Obton Holding II A/S – the parent company of Obton A/S and Koncenton A/S - publishes an EBIT of DKK 78 million for the financial year 2016. This is a historic result, showing a 90% improvement over 2015.

The result is primarily due to successful acquisitions of PV and wind farms and attractive properties with associated strong financing agreements, together with strong demand for alternative investments in the solar, wind, and property markets.

Managing Director Anders Marcus makes the following comment in connection with the financial statement:

”The financial statements for 2016 mark the conclusion of a fantastic year for Obton Holding II A/S, supported by some of the largest transactions in the history of Obton A/S and Koncenton A/S.”

2016 highlights:

DKK 66 million gross profit increase from 2015 to 2016

DKK 78 million pre-tax profit

DKK 6.3 billion total assets

2017 will offer up new opportunities, and both Obton Holding II A/S and its staff are ready and excited about the prospects of further growth. Anders Marcus adds:

”Our solar, wind, and property project pipeline has never been more promising. We plan to invest DKK 4.5 billion in new solar, wind, and property projects throughout 2017. This means that we will be launching new products that have to satisfy the needs of our investors.”

Download the anual report here

For more information please contact:

CEO Anders Marcus on +45 86 26 12 70 or anm@obton.com