PGNiG income lower than expected
11:52
PGNiG, Polish energetic company, has finished the second quarter of 2014 with PLN 338 million netto profit for the shareholders of the parent company. Last year's result was a bit better with PLN 352 million profit. The estimated profit was higher ( PLN 689,5 million ), but it didn't include the transcripts made by the company.
The operational profit in Q2 was PLN 611 million, while a year ago it was PLN 747 million high.
EBITDA fell to PLN 1.285 million from PLN 1.360 million last year. The overall income of the group rose to PLN 6.85 billion from PLN 6.5 billion last year.
PGNiG runs several electrical power and heating plants.