MVV Energie sees operating profit up 15 pct in 2015/2016

MVV Energie AG

10/12/2015 09:00

FRANKFURT, Dec 10 (Reuters) - German local utility MVV 
Energie  MVVGn.DE  expects its operating profit to rise by about 
15 percent in its 2015/2016 financial year, banking on 
investments in wind power and biomass that have been boosting 
its earnings. 
    The company said on Thursday its adjusted earnings before 
interest and tax (EBIT) rose 3 percent to 175 million euros 
($192 million) in the 2014/2015 year ended in September. 
    ($1 = 0.9096 euros) 
 
 (Reporting by Christoph Steitz and Vera Eckert; Editing by 
Harro ten Wolde and Maria Sheahan) 
 ((christoph.steitz@thomsonreuters.com; +49 69 7565 1269; 
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Keywords: MVV ENERGIE RESULTS/