The group has published its half-year results, confirming a positive trend with revenues increasing 9.4% to €1,309m and EBITDA by +13.9% to €481m mainly driven by a 22.5% increase in electricity production. Moreover, lower financial expenses and a better contribution from minorities pushed the group’s net results to a 23.1% to €223.8m. The positive results allowed the company to further strength its balance sheet with net debt decreasing -19.3% to €904.1m, putting ge
24 May 2017
Positive start of the year confirmed: an even better Q2
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Positive start of the year confirmed: an even better Q2
EVN AG (EVN:WBO) | 0 0 1.6% | Mkt Cap: 2,928m
- Published:
24 May 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
3
The group has published its half-year results, confirming a positive trend with revenues increasing 9.4% to €1,309m and EBITDA by +13.9% to €481m mainly driven by a 22.5% increase in electricity production. Moreover, lower financial expenses and a better contribution from minorities pushed the group’s net results to a 23.1% to €223.8m. The positive results allowed the company to further strength its balance sheet with net debt decreasing -19.3% to €904.1m, putting ge