Photon Energy Publishes Annual Report for 2018

The report provides comprehensive information about the Group’sfinancial performance, structure, executive bodies, future plansand the auditor’s report for the year ended 31 December 2018.

Fully IFRS compliant, financial results show consolidatedrevenues reaching EUR 20.26 million (+17.6 % compared to lastyear) and an improved EBITDA of EUR 8.14 million (+3.7%). The most significant improvement occurred at the bottomline with pre-tax profit jumping 431.4% to EUR 1.84 million and thecompany turning a previous net loss of EUR 0.81 million into a EUR0.51 million net profit. The publication is available in Englishonly.

Download the annual report here (pdf).

• Letter from the management
• Highlights of 2018
• Selected financial information

All our reports can be found onthe Reports page in our InvestorRelations section.

MEDIA CONTACT

Martin Kysly
T +420 774 810 670
E martin.kysly@photonenergy.com