New customer growth continues but lower activity weighs
Sales grew 45% as a result of the first-time consolidation of the Hungarian business, with a more than 48% increase in clients and +63% energy supplied. Excluding Hungary, total customers have grown 26% vs Q1 20, while energy supplied was 15% higher. The lower activity in SMEs (main focus of Audax) implied a drop in energy supplied per customer of 9% (excluding Hungary). On the generation side, the company inaugurated 15 MW of new capacity ....
13 May 2021
Results still impacted by lower activity
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Results still impacted by lower activity
New customer growth continues but lower activity weighs
Sales grew 45% as a result of the first-time consolidation of the Hungarian business, with a more than 48% increase in clients and +63% energy supplied. Excluding Hungary, total customers have grown 26% vs Q1 20, while energy supplied was 15% higher. The lower activity in SMEs (main focus of Audax) implied a drop in energy supplied per customer of 9% (excluding Hungary). On the generation side, the company inaugurated 15 MW of new capacity ....