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11 September 2018
ENERTIME published a first half year result 2018 with strong improvement compared to first half year 2017

Enertime published its results for the first half-year 2018 with strong improvement compared to the first half-year 2017 and particularly :

  • A slight decrease in turnover compared to the first half-year 2017 with a gross margin improvement of 28 points to 58.3% of the activity, in line with the evolution of the economic model
  • A reduction of the operating losses by a factor of 7 and a net loss divided by 10 compared to Half-Year 2017
  • A strengthened financial structure with net equity  of 2,4 M € as of end of June 2018
  • A reorganization that is completed and preserve the Company's ability to innovate

The complete Press Release is available here