OPG has announced its Mar-18A results with LFL revenue increasing 3% YoY to £140.1m, and profitability affected by the well-covered high coal prices. Following the sale of 5% in OPG Gujarat (now BVP), and subsequently selling its control (46% remaining), the company has deconsolidated the BVP business. OPG's financials are restated for the deconsolidation, providing heightened transparency into the profitable Chennai operations. It was initially expected that the initiated Resolution Plan would ....
24 Sep 2018
Cenkos: OPG Power Ventures Plc - Resetting & Refocusing on Maximum Value
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Cenkos: OPG Power Ventures Plc - Resetting & Refocusing on Maximum Value
OPG Power Ventures Plc (OPG:LON) | 10.8 0 0.0% | Mkt Cap: 43.1m
- Published:
24 Sep 2018 -
Author:
Cavendish Research -
Pages:
8
OPG has announced its Mar-18A results with LFL revenue increasing 3% YoY to £140.1m, and profitability affected by the well-covered high coal prices. Following the sale of 5% in OPG Gujarat (now BVP), and subsequently selling its control (46% remaining), the company has deconsolidated the BVP business. OPG's financials are restated for the deconsolidation, providing heightened transparency into the profitable Chennai operations. It was initially expected that the initiated Resolution Plan would ....