PGE confirms H1 results

WSE-listed power utility PGE had a PLN 1.49 billion H1 net profit, the company said in a market filing confirming the previous estimates. This is up from PLN 546 million net profit posted a year earlier. The company's EBITDA amounted to PLN 3.44 billion, rising by 10 percent y/y. Revenues amounted to PLN 10.62 billion compared to PLN 13.67 billion last year.