Q2 results: the adjusted EBITDA came in at €107m (-3% yoy) beating consensus expectations.
Adjusted net income was at €27m (vs. €17m 2016). Net debt slightly decreased to € 1.5bn corresponding to a stable leverage ratio.
The full year guidance has been confirmed:
-EBITDA at c. €430m
-net financial debt at €1.45bn;
-investments at €140m.
11 Aug 2017
Q2 results beats consensus despite tough hydro & wind conditions
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Q2 results beats consensus despite tough hydro & wind conditions
ERG S.p.A. (ER9:FRA) | 0 0 0.5% | Mkt Cap: 2,411m
- Published:
11 Aug 2017 -
Author:
Marzio Foa -
Pages:
2
Q2 results: the adjusted EBITDA came in at €107m (-3% yoy) beating consensus expectations.
Adjusted net income was at €27m (vs. €17m 2016). Net debt slightly decreased to € 1.5bn corresponding to a stable leverage ratio.
The full year guidance has been confirmed:
-EBITDA at c. €430m
-net financial debt at €1.45bn;
-investments at €140m.