PGE with PLN 2.45 bln net profit in 2016 - prelim. results
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WSE-listed utility PGE sported PLN 7.39 billion in EBITDA and PLN 2.45 billion in net profit in 2016, implying PLN 1.25 billion in Q4 net profit, PGE said in a market filing citing preliminary estimates. Company's 2016 CAPEX is estimated at PLN 8.15 billion. PGE produced 53.67 TWh of power last year, the firm also said.
