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Windlab Announces Release of 2018 Annual Results

Windlab Limited (“WND” or “the Company”), Australia’s international wind energy development company, today released its financial results for the year ending 31 December 2018, which included a 65% increase in recurring revenue to $5.24M.

The Company made good progress towards achieving a number of strategic goals during the year but notes the significant impact on development revenues caused by the delay in Lakeland Wind Farm reaching financial close.

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