Direct Energie : 2016 revenue
(Thomson Reuters ONE) -
PRESS RELEASE
Paris, 28 February 2017
Direct Energie
2016 revenue
Strong revenue growth: +66.5% to ?1,692.4 million
Continued sales momentum:
* 782,000 gross acquisitions of customer sites in France over the period
* 2,115,000 customer sites in portfolio as of 31 December 2016
Current operating income guidance confirmed around ?85 million for 2016
? m 31/12/2016 (*) 31/12/2015 Change
--------------------------------------------------------------------------------
Revenue from ordinary activities over 12
months (*) 1,692.4 1,016.5 66.5%
Of which revenue excluding margin on
energy management 1,677.0 1,016.8 64.9%
Of which contribution of margin on energy
management 15.4 (0.3) -
? m Q4 2016 Q4 2015 Change
--------------------------------------------------------------------------------
Revenue from ordinary activities in Q4
(*) 506.6 330.2 53.4%
Of which revenue excluding margin on
energy management 496.4 330.7 50.1%
Of which contribution of margin on energy
management 10.2 (0.5) -
(*) 2016 Accounts not closed and not audited, 2016 estimated revenue
Growth in revenue again very strong over the year at +66.5%
After a solid 2016 fourth quarter showing again strong growth in revenue to
?506.6 million (+53.4% compared with the same period in 2015), annual revenue
totalled ?1,692.4 million compared to a target of ?1,500 million, a record
increase of 66.5%. This performance is driven notably by the steady acceleration
in customer acquisition momentum in France, with 782,000 gross customer sites
acquired over the year (compared with 594,000 in 2015, i.e. an increase of
31.6%), of which 200,000 in the final quarter of 2016 alone.
The end of the "yellow" and "green" regulated sales tariffs since 1 January
2016 enabled the Group to significantly strengthen its presence in the Major
Accounts segment (107,000 gross customer sites acquired), contributing ?532.6
million in revenue in 2016, compared with under ?200 million in 2015.
Also to note the activity of the Bayet power plant contributing for the first
time over a full year to the margin on energy management for ?11.8 million.
Annual production amounted to 1,373 GWh, of which 638 GWh in the fourth quarter
of 2016.
Over 2 million customer sites in the portfolio
At the end of 2016, the Group's customer portfolio in France reached 2,063,000
sites compared with 1,591,000 a year earlier. The net acquisition of 472,000
sites shows a 29.7% increase in the customer portfolio. By segment and by
energy, the breakdown is as follows:
-----------------------------------------------
In thousands End 2016 End 2015 Change
-----------------------------------------------
Residentials 1,705 1,337 +27.5%
Professionals 121 106 +14.2%
Major accounts 237 148 +60.8%
---------------------------------------------
In thousands End 2016 End 2016 Change
---------------------------------------------
Electricity 1,607 1,248 +28.8%
Gas 456 343 +32.6%
The Belgian business continues its commercial development on a competitive
market, with its portfolio doubling over the year to approximately 52,000
customer sites at the end of 2016.
Next publication:
2016 results: 13 March 2017 after trading
ISIN code: FR0004191674 / Ticker symbol: DIREN / Euronext Paris, Compartment B
About Direct Energie
Third-largest French electricity and gas provider, the Direct Energie Group has
already acquired and earned the trust of more than 2 million residential and
professional customer sites in France and Belgium (under the Poweo brand).
Integrated energy provider, the Group is involved in generation, electricity and
gas supply, as well as the sale of energy services to its customers.
Direct Energie's success has been underpinned for more than 14 years by its
technical expertise, excellent customer relations and capacity for innovation.
In 2016, the Group reported consolidated revenue of ?1.69 billion.
For more information, visit our website: www.direct-energie.com
Press contact:
Image Sept
Grégoire Lucas - glucas(at)image7.fr - Tel + 33 (0)1 53 70 74 94
Marie Artzner - martzner(at)image7.fr - Tel + 33 (0)1 53 70 74 31 or + 33 (0)6
75 74 31 73
CM-CIC Market Solutions
Stéphanie Stahr - stephanie.stahr(at)cmcic.fr - Tel + 33 (0)1 53 48 80 57
Direct Energie
Mathieu Behar - mathieu.behar(at)direct-energie.com - Tel +33 (0)6 12 48 85 85
Appendix 1 : segment information
In thousands of Commercial trade Production Total
euros Total
---------------- ------------------- ------------ -------------------
France Belgium France France Belgium
Revenue
31/12/2016 (*)
---------------- ------------------- ------------ ------------------- ----------
Revenue from
ordinary 1,647,961 32,632 11,835 1,659,796 32,632 1,692,429
activities
Revenue
31/12/2015
---------------- ------------------- ------------ ------------------- ----------
Revenue from
ordinary 1,008,290 7,723 523 1,008,812 7,723 1,016,535
activities
(*) unaudited data
Direct Energie: 2016 revenue:
http://hugin.info/143545/R/2083008/785137.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Direct Energie via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 28.02.2017 - 17:50 Uhr
Sprache: Deutsch
News-ID 527381
Anzahl Zeichen: 7397
contact information:
Town:
PARIS
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 153 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Direct Energie : 2016 revenue"
steht unter der journalistisch-redaktionellen Verantwortung von
Direct Energie (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
