KOGENERACJA S.A. announced consolidated and company earnings results for first quarter ended March 31, 2015. For the quarter, on consolidated basis, revenue from sales was PLN 318,571,000 against PLN 273,305,000 a year ago. Operating profit was PLN 96,127,000 against PLN 50,692,000 a year ago. Profit before tax was PLN 93,076,000 against PLN 48,788,000 a year ago. Net profit for continuing operations was PLN 75,179,000 against PLN 39,747,000 a year ago. Net profit for the period attributable to ordinary shareholders was PLN 74,711,000 or PLN 5.01 per basic and diluted share against PLN 38,674,000 or PLN 2.60 per basic and diluted share a year ago a year ago. Net cash flow from operating activities was PLN 164,766,000 against PLN 106,148,000 a year ago. Purchases of intangible assets and property, plant and equipment was PLN 96,103,000 against PLN 44,590,000 a year ago.

For the quarter, on company basis revenue from sales was PLN 205,491,000 against PLN 189,013,000 a year ago. Operating profit was PLN 56,895,000 against PLN 41,413,000 a year ago. Profit before tax was PLN 56,557,000 against PLN 38,043,000 a year ago. Net profit was PLN 45,781,000 against PLN 31,052,000 a year ago. Operating profit (EBIT) was PLN 56,895,000 compared to PLN 41,413,000 a year ago. Net cash flow from operating activities was PLN 135,833,000 against PLN 107,361,000 a year ago.