French renewable power plants operator Voltalia SA (EPA:VLTSA) today posted a net attributable profit of EUR 3.2 million (USD 3.6m) for the first half of 2015, a welcome return to profit after a EUR 900,000 loss in the year-ago period.
The company's revenue over the period in review has more than doubled thanks to start of operations of the wind power plant Areia Branca in Brazil and the new French wind farms at Adriers and Molinons.
The financial structure of the group remains solid as own funds grew to EUR 175 million at end-June 2015, up by 7.9 % on the figure at the end of December 2014.
Detailed financial results are given in the table below.
Voltalia financial results (in million EUR) under IFRS