Enea's profit lower than market consensus

Electricity supplier Enea reported PLN 153.49 million of consolidated net profits in the second quarter of 2015 at a market consensus of PLN 172.96 million. Last year, the profit equalled PLN 418.41 million. The operational profit amounted to PLN 196.89 million this year and is by PLN 300 million lower than last year. The consolidated profit from sales did not fall seemingly as much as the others. This year, it reached PLN 2,217.1 million in the second quarter, whereas last year it was PLN 2,515.65 million. In the first half of 2015, the company reported a total consolidated net profit of PLN 416.22 million and a profit from sales which amounted to PLN 4,727.05 million. For comparison, last year the consolidated net profit equalled PLN 628.91 million and the profit from sales was PLN 4 943.59 million. Enea is a capital group operating on three levels: electricity generation. trading and distribution.