Sorgent.e Annual Report 2012
Sorgent.e approves the Consolidated Financial Statements for the year ended December 31, 2012.
Despite the persistence of a serious crisis in a number of markets in which the Group operates; the consolidated revenues grew by 25% compared to the previous year, EBITDA has seen a 20% increase compared to 2011 and the net profit after tax has scored a +24%.
Among the most significant events of 2012 it should be noted the acquisition of control of the French company MJ2 Technologies s.a.s, incorporated in 2004 for industrial development and the production of an innovative hydroelectric turbogenerator for the exploitation of low and very low heads, called VLH Turbine (Very Low Head Turbine).
In addition, with the incorporation of Sorgent.e Hydro Canada Corporation began our structured presence in the Canadian market.
With reference to the international expansion we lastly the contribution that the new Joint Venture signed in Colombia with an important local utility will be able to give to the strengthening of the presence of Sorgent.e in the South American market both as an investor and EPC Contractor.
The team's work has also grown during the past year, in contrast to the general crisis that did not spare the energy sector. Sorgent.e today has over 200 direct employees around the world, with an average age of less than thirty-six.
Finally, a mention must, is the positive energy balance derived from direct production of plants directly owned by Sorgent.e, which allowed the service to 100,000 households and a total savings of more than 650 tons of CO2.
NEWS ARCHIVE
2014 November (2)
2014 October (1)
2014 September (1)
2014 July (1)
2014 June (2)
2014 May (1)
2014 February (1)
2013 November (2)
2013 October (1)
2013 August (2)
2013 April (2)
2013 January (1)
2012 December (5)
2012 October (3)
2012 July (2)
2012 June (1)
2012 April (1)
2012 February (2)
2012 January (1)
2011 December (1)
2011 September (1)
2011 August (1)
2011 July (2)
2011 June (2)
2011 February (1)
2010 December (2)
2010 November (1)
2009 April (1)
2008 December (1)
2007 September (1)
2007 July (1)