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Energa Q1 net profit down at PLN 275 mln

20:54

Energa consolidated net profit in Q1 declined to PLN 275 million from PLN 210 million a year ago, the company reported.

EBITDA grew by 4 percent y/y to PLN 626 million. The result had a positive impact from “limiting additional legal and contractual burdens.”  Sales revenue in Q1 slightly fell to PLN 2.64 billion compared to PLN 2.71 billion in the corresponding period of last year. Investments amounted to over PLN 250 mln.

Energa is one of the three largest electricity suppliers in Poland.  

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