PresseBox
Press release BoxID: 621665 (AGO AG Energie + Anlagen)
  • AGO AG Energie + Anlagen
  • Am Goldenen Feld 23
  • 95326 Kulmbach
  • http://www.ago.ag
  • Contact person
  • Marcus Kapust
  • +49 (69) 743037-00

AGO AG Energie + Anlagen significantly strengthens the liabilities side of the balance sheet

(PresseBox) (Kulmbach, ) .
- Capital increase of EUR 1,636,190
- Buyback of a bearer bond with a total nominal value of EUR 2,500,000
- Considerable improvement in balance sheet ratios

AGO AG Energie + Anlagen (WKN: A1TNL4, ISIN: DE000A1TNL44) has completed its capital increase and subsequent private placement. A total of 1,636,190 no-par value bearer shares were placed with shareholders and interested investors. The share capital of AGO AG Energie + Anlagen thereby increased from EUR 1,712,110 against cash contributions of EUR 1,636,190 to EUR 3,348,300. A bearer bond issued in 2006 with a total nominal value of EUR 2,500,000 was also bought back.

"All in all, the capital increase and the simultaneous buyback of the bearer bond significantly improved balance sheet ratios on the liabilities side. Total assets fell thanks to a considerably stronger equity ratio and the reduction of current interest-bearing liabilities. We regard the successes achieved in strengthening the liabilities side as a key component in view of the company's change in strategy initiated in 2011 as well as future operating developments," said Georg-Stephan Wilkening, a member of the Management Board of AGO Energie + Anlagen AG.

AGO AG Energie + Anlagen

With its registered office in Kulmbach, was founded in 1980 and is specialized in the area of innovative and efficient energy supply facilities for industrial customers and municipalities. Main focus of AGO AG Energie + Anlagen is laid on the following business divisions: plant development and implementation, as well as service and consulting. The core competence of the company mainly commits to thermal power stations, to heating, cooling and ventilation technology plant construction, biomass cogeneration plants and trigeneration. Site studies and development, consulting in energy efficiency, resource and fossil fuel management as well as emission trade management - these factors complete the business model. AGO symbolizes efficiency, security and technological competence of your energy supply facilities.