PGE with PLN 964 mln Q1 net profit

WSE-listed power utility PGE had a PLN 964 million Q1 net profit, above preliminary results of PLN 882 million, recording 10.8 percent growth. The company's operating profit amounted to PLN 1.2 billion, while EBITDA amounted to PLN 1.94 billion, compared with PLN 1.822 billion in Q2 2015. Consolidated revenues stood at PLN 5.74 billion, whereas it totaled PLN 7.13 billion in Q2 2015.