EBITDA was down by 1%, but increased over 9M, on the back of lower financial expenses and higher results from equity investments. The renewable business unit continues its promising growth, with an EBITDA up by 3%, or 16% when excluding the FX impact. After a massive fall in Q2 20, electricity demand is almost back to its standard in Q3 20. We expect this positive trend to continue in Q4 20. Guidance is confirmed.


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Q3 20: in line
EBITDA was down by 1%, but increased over 9M, on the back of lower financial expenses and higher results from equity investments. The renewable business unit continues its promising growth, with an EBITDA up by 3%, or 16% when excluding the FX impact. After a massive fall in Q2 20, electricity demand is almost back to its standard in Q3 20. We expect this positive trend to continue in Q4 20. Guidance is confirmed.