Excellent top line...
Audax released positive sales figures as a result of 4 factors: 1) Installation of 40MW in the quarter of own generation; 2) strong increase in # clients +43% or +22% excluding Hungary 3) 80% increase in supplied energy and 4) strong increase in prices, as 2/3 of clients have a tariff link to merchant. Sales grew in H1 21 by 71%
... but with problems in energy supply
The 1/3 of the client base on fixed tariffs showed a strong deterioration in profitability. Additionally, ....
30 Sep 2021
H1 21 results: Impacted by pool price
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H1 21 results: Impacted by pool price
Excellent top line...
Audax released positive sales figures as a result of 4 factors: 1) Installation of 40MW in the quarter of own generation; 2) strong increase in # clients +43% or +22% excluding Hungary 3) 80% increase in supplied energy and 4) strong increase in prices, as 2/3 of clients have a tariff link to merchant. Sales grew in H1 21 by 71%
... but with problems in energy supply
The 1/3 of the client base on fixed tariffs showed a strong deterioration in profitability. Additionally, ....