Enea net profit reaches PLN 606 mln in H1 - estimates

WSE-listed power utility Enea generated a consolidated net profit of PLN 606 million in H1, up from PLN 471 million the year before, according to the company’s preliminary financial results. The company's revenue stood at PLN 5.6 billion, similar to last year’s H1 results EBITDA reached PLN 1.34 billion, up from PLN 1.2 billion recorded last year. The company said that the estimates could be affected by the ongoing valuation of key items of the acquired assets and liabilities for Enea Elektrownia Połaniec and Polimex-Mostostal. Enea will publish its final H1 results on September 7. State-owned Enea Group comprises three leading units: Enea, Enea Operator, and Enea Wytwarzanie. The company has been listed on the WSE since 2008.