DGAP-News: AGO AG Energie + Anlagen: Correction of the Corporate news from 22 April 2013
(firmenpresse) - DGAP-News: AGO AG Energie + Anlagen / Key word(s): Final Results
AGO AG Energie + Anlagen: Correction of the Corporate news from 22
April 2013
23.04.2013 / 13:22
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Correction of the Corporate news from 22 April 2013
AGO AG closes 2012 with significant losses
Kulmbach, 23 April 2013: AGO AG Energie + Anlagen ((WKN: A0LR41, ISIN:
DE000A0LR415 and WKN: A1TNSD, ISIN: DE000A1TNSD5) announced the figures of
the business year 2012 on 22 April 2013. Within this announcement, some
figures were not displayed correctly due to data transmission problems.
In financial year 2012, AGO AG Energie + Anlagen generated consolidated
sales of EUR 48.7 million (previous year: EUR 65.2 million) and a
consolidated result of EUR -2.6 million (previous year: EUR -1.6 million).
The majority of the losses suffered relate to the power stations in
Alperstedt and Santa Luce, both of which have now been sold, as well as the
subsidiaries Fittings GmbH Formstücke + Anlagen and Ringdalskogen
Fjernvarme AS, both of which are currently being wound up.
As at 31 December 2012, the Group held equity of EUR 2.2 million (previous
year: EUR 4.8 million) and had a balance sheet total of EUR 24.3 million
(previous year: EUR 31.8 million).
AGO AG's equity in its separate financial statements according to HGB
amounted to EUR -0.8 million as at 31 December 2012, with a net loss for
the year of EUR -0.6 million. The separate financial statements for 2010
and 2011 were restated in parallel to the preparation of the separate
financial statements for 2012 so as to charge the losses suffered by the
biomass cogeneration plant in Alperstedt to the correct periods. The annual
financial statements for 2010 now report a net loss for the period of EUR
-8.2 million (previously: a loss of EUR -2.9 million); the net loss for
2011 remains almost unchanged at EUR -2.9 million.
The Management Board and Supervisory Board of AGO AG Energie + Anlagen
intend to propose a capital reduction to the Annual General Meeting on 4
June 2013.
All of the reports for financial year 2012 and the restated annual
financial statements for 2010 and 2011 are expected to be available on AGO
AG's website www.ago.ag in the Investor Relations section from 24 April
2013.
About AGO AG Energie + Anlagen:
AGO AG Energie + Anlagen, with its registered office in Kulmbach, was
founded in 1980 and is specialized in the area of innovative and efficient
energy supply facilities for industrial customers. The core competencies of
the company mainly commit to biomass cogeneration plants and combined heat
and power stations for heating and cooling plant construction and
tri-generation (the simultaneous production of electricity, heat, and
cooling). Site studies and development, energy efficiency consulting,
resource and fossil fuel management as well as emission trade management -
these areas round out the AGO business model. The name AGO symbolizes the
efficiency, security and technological competence of its energy supply
facilities.
Company contact:
AGO AG Energie + Anlagen
Am Goldenen Feld 23
D-95326 Kulmbach
www.ago.ag
T. +49 (0) 9221 602 0
F. +49 (0) 9221 602 149
ir-ago(at)ago.ag
Investor Relations contact:
GFEI Aktiengesellschaft
Marcus Kapust
Am Hauptbahnhof 6
60329 Frankfurt am Main
www.gfei.de
T. +49 (0) 69 743 037 00
F. +49 (0) 69 743 037 22
ir-ago(at)gfei.de
End of Corporate News
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23.04.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory 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
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Language: English
Company: AGO AG Energie + Anlagen
Am Goldenen Feld 23
95326 Kulmbach
Germany
Phone: +49 (0)9221 602-0
Fax: +49 (0)9221 602-149
E-mail: info(at)ago.ag
Internet: http://www.ago.ag
ISIN: DE000A0LR415
WKN: A0LR41
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in
Open Market (Entry Standard)
End of News DGAP News-Service
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