Ekolamp - Annual report

Annual Report 2015

Results of business for 2015 and their comparison with previous years

The year 2015 was marked by expected changes in management and strategic planning. EKOLAMP therefore concentrated on the efficient performance of routine operational tasks, allowing achieved positive profit. The profit was transferred to reserves for future collection, transport and recycling of used lamps, in compliance with the Articles of Association and internal rules.

Even in 2015 the market of lighting equipment maintained a positive trend especially by the massive advent of LED technology. It also allows the company´s revenues rose slightly and trends that can be observed to the west of the Czech borders did not confirmed.

Like in previous years, we were not able to keep revenues from free cash, because interest rates promulgated by the central bank kept decreasing. As EKOLAMP has strict investment policies and invests in safe products only, in this economic situation we were unable to maintain our interest yields or to even increase them.