OPG Power Ventures (“OPG”) has released a trading update for Q4/18E (Mar/18) with the quarter’s production increasing 15% YoY to 1.1bn units, driven by higher Plant Load Factors (“PLFs”). A solid operational performance from the Chennai plants was complemented by a stellar second full-year performance by the Gujarat plant. Following the resolution of significant cash flows issues at Gujarat, management have placed the operation under strategic review selling 5% to a partner who is aiding in the ....
05 Jun 2018
Q4/18E and FY18E Trading Update
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Q4/18E and FY18E Trading Update
OPG Power Ventures Plc (OPG:LON) | 10.2 0 0.5% | Mkt Cap: 41.1m
- Published:
05 Jun 2018 -
Author:
Cavendish Research -
Pages:
7
OPG Power Ventures (“OPG”) has released a trading update for Q4/18E (Mar/18) with the quarter’s production increasing 15% YoY to 1.1bn units, driven by higher Plant Load Factors (“PLFs”). A solid operational performance from the Chennai plants was complemented by a stellar second full-year performance by the Gujarat plant. Following the resolution of significant cash flows issues at Gujarat, management have placed the operation under strategic review selling 5% to a partner who is aiding in the ....