KSK has reported its FY 2017 results, which demonstrate the challenges the company and the wider Indian thermal power sector have been experiencing over the last few years. Power generated was behind our forecasts (particularly for VS Lignite), having an effect down the P&L, as did a higher interest charge, though there was still good cash generation at the EBITDA level. We have adjusted down our FY 2018 forecasts accordingly. KSK continues to pursue reliable and sensibly priced coal supp
27 Jul 2017
FY 2017 results
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FY 2017 results
KSK Power Ventur plc (KSK:LON) | 0 0 0.0% | Mkt Cap: 3.94m
- Published:
27 Jul 2017 -
Author:
Daniel Slater -
Pages:
7
KSK has reported its FY 2017 results, which demonstrate the challenges the company and the wider Indian thermal power sector have been experiencing over the last few years. Power generated was behind our forecasts (particularly for VS Lignite), having an effect down the P&L, as did a higher interest charge, though there was still good cash generation at the EBITDA level. We have adjusted down our FY 2018 forecasts accordingly. KSK continues to pursue reliable and sensibly priced coal supp