$AWSL Breaking News - Atlantic Wind & Solar Records Profits of Over $2.4Million in 2014 up 1,138% from 2013

TORONTO, - (http://www.financialnewsmedia.com News Alert) - Atlantic Wind & Solar, Inc. (OTC: AWSL) is pleased to announce its results on financial operation for fiscal year ending Dec 31, 2014. Sales growth continued with sales up 38 % to $5,409,135.00 and profitability up substantially to $2,410,768.00 representing a 1,138% improvement for the same period. Operating expenses dropped for the 6th straight year to $542,355.00 down 46.6% from the previous year. The balance sheet was improved significantly with accounts payable and accounts receivable reductions of 45.4% and 53.7% respectively. Total liabilities were reduced to $2,267,031 down 53% against total assets of $4,407,107.



Commenting on the results, Chairman & CEO Gilles Trahan said: \"I am pleased to report Atlantic continued its sales and earnings growth pattern established over the past five years. This was despite the foreign exchange hit on Canadian dollar derived sales. We are very proud of the work we have done to strengthen our balance sheet and continue to cut costs while still growing our sales pipeline. I thank our team for their dedication.\"



To read the full report visit http://www.atlanticwindandsolar.com/news-82.html



About Atlantic Wind and Solar Inc:



Atlantic is a developer of utility scale renewable energy plants with over 650 MW\'s of projects at various stages of development in Canada, South America and the Caribbean.



For more information and to sign up for news alerts and updates visit the company\'s web site at: www.AtlanticWindandSolar.com.



Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth within this website and these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the \"safe harbor\" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company\'s periodic reports filed with the OTCMarkets.com including...