Tag: PRESS RELEASE

2017 Annual Financial Report available

Paris, 2 May 2018 – Electro Power Systems S.A. (“EPS”), technology pioneer in energy storage systems and microgrids listed on the French-regulated market Euronext Paris (EPS:FP), announces that it has filed the Annual Financial Report for the year ended December 31, 2017 with the French Financial Markets Authority (Autorité des Marchés Financiers). The following documents… Continua a leggere 2017 Annual Financial Report available

2017 ANNUAL RESULTS: CONTINUED GROWTH MOMENTUM, ON TRACK TOWARDS 2020 TARGETS

• Revenues up 40% to €9.9mln and 40.5MW Order Intake in 2017, for €16.6mln • Gross Margin at 40% brings EBITDA close to breakeven at €-1.7mln, even with R&D at 27% of revenues • 2020 Strategic Plan on track: €25.1mln Project Backlog and €150mln Pipeline thanks to the ENGIE industrial partnership • Successful deployments in… Continua a leggere 2017 ANNUAL RESULTS: CONTINUED GROWTH MOMENTUM, ON TRACK TOWARDS 2020 TARGETS

EPS is part of the ENGIE Group: a strategic partnership to lead energy transition

Paris – Milan, 08 March 2018 – Following the announcement through a press release dated 24 January 2018, Electro Power Systems S.A. (“EPS”), technology pioneer in energy storage systems and microgrids, listed on the French-regulated market Euronext Paris (EPS:FP), is pleased to announce the closing of the acquisition by ENGIE of a strategic ownership interest… Continua a leggere EPS is part of the ENGIE Group: a strategic partnership to lead energy transition

ENGIE ENTERS INTO THE CAPITAL OF EPS: AN INDUSTRIAL PARTNER TO SCALE UP GLOBALLY

Paris – Milan, 24 January 2018 – Electro Power Systems S.A. (“EPS”), technology pioneer in energy storage systems and microgrids, listed on the French-regulated market Euronext Paris (EPS:FP), announces today the signing by ENGIE of a share purchase agreement with its main shareholders (360 Capital Partners, Ersel and Prima Industrie), to acquire a majority stake… Continua a leggere ENGIE ENTERS INTO THE CAPITAL OF EPS: AN INDUSTRIAL PARTNER TO SCALE UP GLOBALLY

Steady double digit growth as of 30 September 2017: microgrids and utility-scale systems deployed globally

▪ Revenues over the first nine months increased by 64% to €6.6mln ▪ €16.3mln and 39.4MW of Order Intake increased the Orders Backlog by 122% to €12.9mln ▪ Gross margin at 37% of reported revenues; €8.9mln cash on hand heading into Q4 ▪ Utility-scale storage systems and microgrids under commissioning in Europe, Latam and the… Continua a leggere Steady double digit growth as of 30 September 2017: microgrids and utility-scale systems deployed globally

2017 Half-Year results show solid growth momentum: double digit growth with flagship microgrids and storage projects

• H1 Revenues increased by 48% to €3.9mln, backlog of orders up 128% to €13.8mln • €14.3mln Order Intake year-to-date, driven by utility-scale systems, microgrids and smart-islands • Gross margin stands at 39% of H1 Revenues, and EBITDA loss is reduced to -€1.6mln • Pipeline increased to €160mln, strong focus in emerging countries with 84%… Continua a leggere 2017 Half-Year results show solid growth momentum: double digit growth with flagship microgrids and storage projects