Topsoe的收入增加了5％，而调整后的营业利润增长27％

• In the first half of 2019, revenue increased by 5% to DKK 2,757 million compared to the first half of 2018, while EBIT increased by 50% to DKK 440 million. When adjusting for special items, EBIT increased by 27% to DKK 375 million.
• The order backlog at June 30, 2019, was DKK 4,332 million, an increase of 33% compared to June 30, 2018.
• 全年2019年的收入展望范围达到5,400-5,700百万美元。调整特殊物品时，2019年全年的EBIT利润率预计将在12-14％（以前11-13％）的范围内。前景可能因地缘政治风险而受到负面影响。

“结果反映了客户希望在更严格的环境法规具有强大的商业解决方案中寻找强大的商业解决方案。世界推动更清洁的空气和更高效 - 更具气候友好 - 利用我们的资源要求新技术。基于我们对研究和开发的重大投资以及我们高度忠诚的员工，Topsoe为化学和炼油行业开发了悠久的技术领先的节能和清洁解决方案。我相信我们将继续看到我们的研发管道对未来几年的一些最紧迫的挑战产生有效的解决方案，“Topsoe首席执行官Bjerne S. Clausen说。

国际制裁对2019年的收入发展的负面影响已被重大收入增长所抵消，特别是在炼油厂业务部门。不包括制裁的影响，收入类似于15％的基础。A strong demand for Topsoe’s world-leading technology for producing renewable fuels from waste or biomass drove technology revenue up by 24% compared to the first half of 2018. Improved DKK/USD exchange rates also had a positive effect on revenue, contributing almost 3 percentage points of the overall 5% growth in revenue.

2019年上半年，艾比特为4.4亿日。艾比特因达克6500万特殊物品而受到积极影响，其中达克4100万迪克克斯贩卖盈余土地的收益和二千二○○百万来自目前暂停的Topsoe许可。在调整这些特殊物品时，EBIT为3.35亿日，2018年可比时期增长27％。

Profitability improved considerably in the first half of 2019. EBIT margin was 16% compared to 11% for the same period in 2018. After adjusting for special items, the EBIT margin in the first half of 2019 was 14%. The improved profitability can be attributed to consolidation of business activities, increased revenue from renewable fuel technology, organizational adjustments, and several other initiatives to increase business focus and cost optimization.

净营运资本增加了总价值2.84亿in the first six months of 2019. This was mainly due to an increase in inventory resulting from higher prices of raw materials and increased production of catalysts in response to growing demand.

专注和高度优先的努力使TopSOE的安全记录有了重大改进。2019年上半年，记录了两次失去的时期事故，而七年七月在2018年上半年记录。

2019年重乐动体育下载链接大事件
7月3日，HaldorTopsøe之间的协议持有A / S和Temasek用于淡紫色以购买Haldor TopSOE A / S中的30％的股份被正式关闭。与闭幕联系，淡马锡指定了哈尔德尔盖索董事会董事会成员。预计与淡马锡的合作伙伴关系进一步增强了TopSOE的增长潜力。淡马锡是一位经验丰富的投资者，具有亚洲增长市场的重要见解和网络，包括中国，这将支持Topsoe在该地区的扩张。

On June 28, the world’s first natural gas-to-gasoline plant based on Topsoe’s advanced TIGAS™ technology wasinaugurated in Turkmenistan. Start-up of the plant has proceeded according to plan, and the ultra-clean and environmentally friendly gasoline produced meets the specifications. This landmark project helps Turkmenistan monetize its huge natural gas reserves and will serve as an inspiration to monetize gas resources in other parts of the world. At full capacity, the plant will produce 15,500 barrels of gasoline per day.

On May 29, it was announced thatDeLille Oxygen Co. had chosen Topsoe’s unique eCOs™ technology用于超高纯度一氧化碳（CO）的成本竞争性现场生产。这是增加化学工业电气化和可持续性的重要步骤。ECOS™解决方案转换为温室气体，CO₂那to valuable CO by electrolysis. Powered by green electricity from wind turbines or solar panels, consuming CO₂and only emitting oxygen, the eCOs™ technology is a carbon negative technology that can help the chemical industry become sustainable. In addition, the eCOs™ technology ensures security of CO supply, eliminates the need for transporting hazardous CO gas, and drastically reduces costs related to transportation, storage, and connections.

On May 27, SkyNRG announced that they hadchosen Topsoe’s world-leading technology for production of renewable fuelfor their planned facility at Delfzijl, the Netherlands. The plant will supply sustainable aviation fuel (SAF) directly to aircraft at the nearby airport. SAF reduces CO₂与传统的喷射燃料相比，排放至少85％。在设施中产生的100,000吨将减少合作社₂emissions from aviation by more than 250,000 tons every year.

3月5日，Topsoe launched ClearView™那a break-through connected service for optimal plant performance in the chemical and refining industries. This digital service leverages the power of continuous upload of data to offer plant owners improved asset utilization, energy savings, and less unplanned downtime.

Financial highlights

• Revenue amounted to DKK 2,757 million, an increase of 5% compared to the same period in 2018. Catalyst revenue was at the same level, while technology revenue was up by 24%.
• Gross margin was 51%.
• EBITDAwas DKK 598 million, equal to an EBITDA margin of 22%. EBITDA was impacted by the implementation of the new IFRS 16 accounting standard.¹
• EBIT.was DKK 440 million, equal to an EBIT margin of 16%. EBIT was impacted by the implementation of the new IFRS 16 accounting standard.¹
• Cash flow from operations before change in working capital was DKK 426 million.
• The equity ratio was 25.6% at June 30, 2019 (compared to 28.7% at June 30, 2018).
• 净债务杠杆率为0.9，净利息率为2019年6月30日为23.2。一切都平等，新型IFRS的实施16核算标准¹增加了净债务杠杆率并降低了净利息率。
• 全年2019年的收入展望范围达到5,400-5,700百万美元。When adjusting for special items, the EBIT margin for the full year is now expected to be in the range of 12-14% (previously 11-13%). The outlook can be negatively impacted by geopolitical risks.

Financial highlights (DKK million)

The half-year figures have not been reviewed by the company’s auditors. The audited Annual Report 2019 will be published by Haldor Topsoe A/S on March 10, 2020.

Notes

1. Topsoe has adopted IFRS 16 "Leases" as of January 1, 2019. The standard has been implemented using the modified retrospective approach. The effect of this new standard is:
   1. Balance sheet: Right-of-use assets increased by DKK 513 million, Long-term lease liabilities increased by DKK 446 million, Short-term lease liabilities increased by DKK 72 million, Prepaid lease payments decreased by DKK 1 million, Deferred tax increased by DKK 1 million, and Equity decreased by DKK 5 million.
   2. 损益：EBITDA增加3700万，艾比特人数增加300万，净利润达到500万美元。

The above has impacted the financial ratios accordingly.

2. Financial ratios have been calculated as follows:
   1. 股权返回: Net profit for the first half year annualized x 100 / Average equity attributed to the owners of the parent company
   2. 股权比例: Equity attributed to the owners of the parent company x 100 / Total assets
   3. 净息息比例: EBITDA rolling 12 months / Net interest (12-month rolling)
   4. Net debt leverage ratio: Net interest-bearing debt / EBITDA (12-month rolling)
   5. R&D spend (of revenue): Research & Development costs in percentage of revenue