EnergyWatch

NGF makes more money and wins more customers

Danish gas group NGF Nature Energy earned DKK 53 million after taxes and significantly increased the customer portfolio.

More customers were welcomed to the business at Danish NGF Nature Energy in 2016. And although declining gas prices meant that the company was unsuccessful in growing revenue, the operationalization of another two biogas plants stopped low gas prices from making a huge impact on the company's financial report, according to the 2016 results just released by Nature Energy.

The result for the Nature Energy group in 2016 shows a profit of DKK 53 million (EUR 7.2 million) after taxes, an improvement over last year of DKK 7 million.

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