Enea net profits up in Q1

State-controlled power distributor Enea recorded a 25 percent increase in its first-quarter net profits on a yearly basis, which totaled PLN 262.7 million. The firm's net profits came in 15 percent higher than the analysts surveyed by the Polish Press Agency predicted. Operational profits grew by 20 percent, amounted to PLN 327 million, 13 percent more than expectations. EBITDA rose by 10 percent to PLN 509 million, revenue increased by 3 percent, to PLN 2.47 billion.