Enea confirms Q3 results

WSE-listed power utility Enea confirmed its earlier estimate of PLN 214 million Q3 net profit, which is 14.4 percent y/y decrease. EBITDA was down by 5.3 percent to PLN 589 million, while revenues grew by 4.7 percent y/y to PLN 2.8 billion. The company plans to exceed PLN 4 billion CAPEX this year, with over PLN 1 billion in investments planned for Q4.