Press release -
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.”
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.”
For more information please contact:
CEO Anders Marcus on +45 86 26 12 70 or firstname.lastname@example.org
Obton is an investment and management company specialized in renewable projects. Obton represents retail investors and manages a rapid growing PV-portfolio of more than 250 MW with an enterprise value of EUR 650m. The plants are primarily located in France, Germany, Belgium and The Netherlands.