Specifications that merit attention regarding Electro Power Systems’ 2015 Results
Paris, France 20 April 2016 – Following the 8 April 2016 press release on its 2015 results, Electro Power Systems S.A. (“EPS” or the “Group”, listed on Euronext Paris EPS: PA) wishes to draw the investors’ attention on the following points:
(1) Clarification of the apparent inconsistency between:
- the Group’s 2015 consolidated revenues under IFRS, which amount to 344 thousand euros, a 53% decrease over the prior year, and
- the 2015 revenues of EPS Italy, the Group’s operational subsidiary, which amount to 1.2 million euros in Italian GAAP, a 53% increase over the prior year.