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A fair wind

A fair wind
December 6, 2013
A fair wind
IC TIP: Buy at 148p

Reported revenues increased by almost a third to €27.9m (£23.19m) and adjusted cash profits jumped by half to €24.6m, buoyed by a near 75 per cent increase in operating capacity from 244MW to 426MW. The group invested €118m in operating capacity in the six-month period and expect a further ramp up in output in the second half to end March to take capacity to well over 600MW by the next monsoon season.

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