Energa’s eurobond issue less likely

The probability of carrying out Energa’s eurobond issue is lower each quarter, the power group’s CFO Roman Szyszko was quoted as saying by the Polish Press Agency. The same is true for Polish bond issues. “Of course we are observing the market and if there will be favorable circumstances, we do not rule them out,” Szyszko said. Energa announced its Q3 2014 financial results on Friday. It recorded a consolidated net profit of PLN 213 million compared to PLN 59.5 million a year earlier. Sales revenue stood at PLN 2.51 billion.