Corporate | 16 July 2014 14:52


2G Energy AG: 2G Energy AG distributes a dividend of 0.37 Euro per share


2G Energy AG / Key word(s): Dividend/Dividend

16.07.2014 / 14:52


Corporate News

2G Energy AG distributes a dividend of 0.37 Euro per share

Heek, July 16, 2014 – The ordinary Annual General Meeting on July 16, 2014 of 2G Energy AG has voted in favour of the proposal of the Management Board and the Supervisory Board, to distribute a dividend of 0.37 Euro per share (capital stock 4,430,000 shares) from the shown balance sheet profit of the business year 2013.

2G Energy AG company profile
2G Energy AG is amongst the world’s leading manufacturer of cogeneration systems (CHP) for decentralized energy production and supply by means of combined heat and power. The company’s product portfolio includes systems with an electrical capacity between 20 kW and 4,000 kW for the operation with natural gas, biogas or bio methane. So far, 2G was able to successfully install thousands of CHPs in 25 countries. Especially, in the performance range of 50 kW to 550 kW 2G posses own technological combustion engine concepts characterized by low specific fuel consumptions. Next to the main production site at its headquarter in Heek, Germany, the company has invested in an additional production and sales & service site in St. Augustine, Florida, USA. 2G’s customers range from farmers to industrial clients, municipalities, real estate industry, up to municipal utilities and big utility companies. The high level of customer satisfaction is founded on the close-knit service network as well as the high technical quality and performance of 2G power stations. Thanks to the combined heat and power performance they achieve an overall degree of efficiency between 85 percent and well above 90 percent. To further enlarge the technologically leadership the company continuously invests in its R&D activities for gas engines for the use of natural gas, biogas and synthetic gases (e.g. hydrogen). Next to the construction of combined heat and power stations, the company, located in Westphalia in the north-west of Germany, offers integrated solutions reaching from the planning stage and installations to serial service and maintenance work. Due to its decentral locations, scalability and projectable availability combined heat and power stations shall play a crucial role as part of intelligent networked energy systems – so called virtual power stations – within the ongoing switch to clean energy.

In the context of Germany’s new energy policy, CHPs within smart grids – so-called virtual power plants – are becoming rapidly important due to their predictable availability. 2G Energy (ISIN DE000A0HL8N9) is listed in the Entry Standard of Deutsche Börse AG. The share capital amounts to EUR 4,430,000, and is split into 4,430,000 shares. As of December 31, 2013, the company’s founders held 55.9 % of the shares, with the free float amounting to 43.9 %. In 2013 financial year (January 1 to December 31), 2G Energy generated EUR 126.1 million of revenues, EUR 3.1 million of earnings before interest and tax (EBIT), and EUR 1.0 million of net income. The company employs 518 staff as of 31 Dec., 2013.

Upcoming dates in 2014
Sept. 30, 2014 Publication of the half-yearly consolidated financial statements as of June 30, 2014
Nov. 25-26, 2014 Deutsches Eigenkapitalforum 2014, Frankfurt

Further information: www.2-g.de

Investor relations contact
2G Energy AG
Benzstr. 3
48619 Heek
Germany

Telephone: +49 (0) 2568 93 47-2795
Fax: +49 (0) 2568 93 47-15
E-mail: ir@2-g.de
Internet: www.2-g.de



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Language: English
Company: 2G Energy AG
Benzstr. 3
48619 Heek
Germany
Phone: +49 (0)2568-9347-0
Fax: +49 (0)2568-9347-15
E-mail: service@2-g.de
Internet: www.2-g.de
ISIN: DE000A0HL8N9
WKN: A0HL8N
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in Open Market (Entry Standard)
End of News DGAP News-Service

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