European Energy reboots growth plan
Despite an impairment on a partially state-owned solar farm and the risk of second-wave Covid-19, European Energy adheres to its forecast that 2020 could be the most profitable year on record.
Despite the coronavirus and accompanying ills, European Energy still manages to turn a profit. In the year's second quarter, the Danish project developer delivered a result of EUR 2.3 million from a revenue of EUR 37.2 million, bringing the half-year result to EUR 4.5 million with a solid operating margin of 21.1 percent.
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