Interim report / quarterly report for 16.11.15 - AIS AG with focus on integrated energy projects
During the third quarter 2015 a.i.s. AG could achieve decisive steps in new project acquisitions including customer relations. Different major export projects, in which the company is expected to join, are in preparation and various technical and commercial objectives clarified for the financing and bid process. Prerequisite were the announced projects in the field of environmental technology where the demand for environmental Waste to energy products is increasing, in the context of a growing demand of water treatment technology.
In addition, a technical feasibility study to support a transformation process from green waste into synthetic fuels is now a solid base for new applications and huge improvement potential the operation of biogas plants. The systematic is now being offered as add on within the sales-process. Nevertheless this could not yet lead to sales figures however improve the company's position on the market and will boost the project in Poland. The previously announced relocation of the company to Berlin was intended to promote synergies in connection with this method. It has been achieved within the reporting period.
The company has posted losses in the reporting quarter in the amount of Euro 20.74. The key issues are administrative and selling expenses.
The a.i.s. AG has thus more focused in the reporting period on activities on project development, without neglecting the energy sector. The expectation of the project financing has not yet been reached, but the expectation is still high to get this now being implemented in the short term.
The a.i.s. AG with business origin in waste disposal technique adapts to the market, to meet the increasing demand of energy from renewable and recycled products. The company is dedicated to the energy production and supply from renewable raw materials and disposed of their own interests and project expertise to sell energy as a provider. The company supports technical process of technology partners from its network with which a stable eco-friendly energy supply for communities and small industries is ensured. The company is also active in commodity and energy trading as well.
Interim Report for 16/11/14 - a.i.s. AG relies more on gas
In the third quarter the announced legislative changes have enhanced structural effects in the commodity intermediary trade. Due to these changes the company could not perform on the commodity market while the company hasn`t realized revenues. The result will deteriorate by more 33,4T Euro. The continuation of the activities in the commodity market is not expected before 2015 which first new trading relationships and a stronger financial base are required.
The company has assist in the preparation of the project work of our partner. Due to the political developments in Central and Eastern Europe the increasing demand on the energy market is expected, in particular gas. Therefore, the company specializes in this area and expects next year to build its position. Relations with a partner abroad have been engaged, further approaches and contacts are in preparation. The success is also likely to still depend on the implemented capital measures whereby no short-term forecasts are possible.
The a.i.s. AG has therefore directed more strongly in the last reporting period its activities in the energy sector and invests in market activities. As part of the capitalization, however, we expect that the company has to go challenging new ways.
Interim Report for 14:05:14 - a.i.s. AG further on business diversification
In the first quarter 2014 the a.i.s. AG successfully initiated sale of waste metal scrap which now confirms the position within the waste management business after many years. Trade with nickel and tin could be further developed, while trade in copper turns out to be still difficult due to price erosion and market changes. In particular, in recent days, the copper price has recovered thus a positive market signal for one of our main products looks to be formed.
However, sales targets in the first quarter could not be achieved even though the conditions have increased in terms of sustainability of the business because of the additional commercial products. Within the first quarter sales of TEUR 462. -have been achieved, leading to a result of TEUR -40 . - .
The business needs additional market activities, from customer and the supplier side, as to enable and develop advanced internal distribution structures around it. Through the measures introduced, potential should impact according to our expectations for the second half of the year. However, the cross-border EU trade in goods remains a significant barrier to trade, as long as different national sales tax rates apply within the European Community.
As previously announced, the company wants to position itself through technology partners and joint market activities to dispose of various application methods for our customers within the Waste to Power strategy. During the reporting period, a.i.s. AG started working with a technology company, whose products enable the conversion of residual waste (solids) in oil.
Energy trading was further processed with regard to foreign partners. New trading partners could be identified which will support the future business with gas. The further development in the energy sector will now depend on the accepted capital measures (5MEUR) and investment planning.
In this regard, the company has developed a financing concept. It provides for the issuance of convertible bonds and shares several steps and was approved by the Supervisory Board. The concept has also been submitted to the supervisory authority requesting some adaptations.
The current policy in and around East Europe promotes currently the financing of our biogas project. There are several agreed financing approaches in process and negotiations in an advanced state. We now believe that a conclusion can be expected soon.
The a.i.s. AG has thus directed in the last reporting period 's activities in the diversification of its offer and in the expansion of its market. We expect and now put on the successes that will bring the capitalization of the AG to improve the profitability and the diversification of products.
a.i.s. AG: Interims report - a.i.s. in diversification to increase business
As reported, the trade in copper could not develop as planned after the first quarter. The company has therefore expanded the priorities in the variety of products, reducing its dependence on one commercial product and to improve sustainability of the business.
Also improvements in the financial reports and the Annual General Meeting conducted in the third quarter, the first since 2004, have supported this process, since the beginning of 2013 conditions. As major result of the general shareholders meeting the new authorized capital can be mentioned. With this capital, the company will after implementation thus be in a position to improve their earnings from the trade and to achieve the business objectives and the energy and environmental technology in addition to trading.
To implement this authorized capital an issue brochure has been commissioned. These will be submitted to the approval bodies in the coming weeks, the implementation itself will then be phased in from 2014.
In the third quarter, the first results of diversification could also be obtained commercially. The a.i.s. AG has now also commenced trading of nickel and tin. However, legislative changes in the handling of commodity exchange in Germany have an aggravating effect on the logistics of merchandise shop. New potential in solid trade, however, are now being developed.
As announced, we have already delayed energy trading earlier this year. In the third quarter of new trade partnerships have emerged in the context of diversification, which will also support future business. The further development in the energy sector will now depend on the capital measures and investment planning in the coming year.
Since the Annual Meeting having been held, the interest of investors has increased. Various approaches are under consideration now. In this regard, the possible involvement of the company in a biogas plant has been well received. For funding also this project, separate negotiations are underway to allow funding this year, the latest in the first quarter of 2014.
The a.i.s. AG has thus directed in the last reporting period, his focus on the diversification of its offer and expanding the market. We expect and are now counting on that to strengthen the capital base of the AG will promote an improvement in profitability and the diversification of products.
Birkenau: 05.07.2013
Invitation fort he general shareholders meeting on 16.07.2013. See description within the financial calendar "Investor Relation".