OPG 2016 final results

DividendMax Ltd.

OPG 2016 final results

Highlights

480 MW new capacity commissioned in the year - total operating capacity 750 MW

EBITDA margin of 39.5% up from 33.4% compared with FY15

Profit before tax of £28.6 million up by 32% compared with FY15

EPS of 5.29 pence up by 8% compared with FY15

Q1 FY17 aggregate group revenues approx. £57 million and average group PLF 72%

334 MW allocated to 2-3 year captive sales agreements at Chennai plant - transforms sales mix

Initial target dividend of 15% of net earnings commencing with an interim in calendar 2016

62 MW solar growth projects expected to be funded from a combination of new debt facilities and internal equity

Companies mentioned