Electro Power Systems: Q3 REVENUES GROWTH: +188%
Paris, 12 November, 2015 – The Board of Directors of Electro Power Systems S.A. (“EPS”, or, with its subsidiaries, the “Group”, listed on Euronext Paris: EPS.PA), technology pioneer of clean energy storage systems, today examined and approved the consolidated Q3-15 results at 30 September 2015 (unaudited).
FINANCIAL RESULTS – EPS Q3-2015 revenues and other income grew by 188% compared to the third quarter of 2014, to 258,550 euros. In the first 9 months of 2015 EPS grew by 63.2% – compared to the same period in 2014 – to 723,000 euros. Growth came from the Group’s activities related to backup systems (ElectroSelf) and system integrators for telecommunication, utilities and data centers, as HyESS (Hybrid Energy Storage System), the system purely dedicated to energy storage that will constitute the backbone of the Group’s product offering and the medium and long term focus of the entire business strategy, will be launched commercially in early 2016.