Positive FY results for the group as revenue increased 8.2% to €2.13bn, in line with expectations, while EBITDA reached €583.2m (+107%) driven by an 11.1% increase in generation volumes (with a 13% increase from renewable sources and 9% from thermal ones) and 3.6% in network distribution volumes, enough to offset the decrease in sales volumes to end consumers on electricity (-0.3%) and natural gas (2.6%). Net income reached €148.1m, coming from negative territory a year ago, wh
10 Dec 2015
Positive results supported by increased usage of assets for network stability
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Positive results supported by increased usage of assets for network stability
EVN AG (EVN:WBO) | 0 0 1.6% | Mkt Cap: 2,928m
- Published:
10 Dec 2015 -
Author:
Juan Camilo Rodriguez -
Pages:
3
Positive FY results for the group as revenue increased 8.2% to €2.13bn, in line with expectations, while EBITDA reached €583.2m (+107%) driven by an 11.1% increase in generation volumes (with a 13% increase from renewable sources and 9% from thermal ones) and 3.6% in network distribution volumes, enough to offset the decrease in sales volumes to end consumers on electricity (-0.3%) and natural gas (2.6%). Net income reached €148.1m, coming from negative territory a year ago, wh