Energa with PLN 601 mln EBITDA in Q1 – preliminary results

WSE-listed utility Energa expects a PLN 601 million EBITDA in Q1, according to the company's preliminary results. The result, which is a 6.8 percent y/y drop will be influenced by the PLN 53 mln valuation of options for builder Polimex Mostostal shares, the company said in a market filing. State-controlled Energa is Poland's third biggest power utility with 1.3 GW capacity.