Contents of the report
The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”) publishes initial selected consolidated financial and operating data for the first quarter of 2017.
According to the initial estimates net electricity production at PGE generating units in the first quarter of 2017 amounted to 15.0 TWh, distribution volume reached nearly 9.0 TWh and sales to final off-takers came out at 10.0 TWh.
Consolidated EBITDA for the first quarter of 2017 amounted to approximately PLN 1,873 m, including:
EBITDA of Conventional Generation segment PLN 917 m,
EBITDA of Distribution segment PLN 618 m,
EBITDA of Supply segment PLN 243 m,
EBITDA of Renewables segment PLN 91 m.
Consolidated net profit attributable to equity holders of the parent company amounted to approximately PLN 882 m (i.e. earnings per share of PLN 0.47).
Estimated net debt amounted to approximately PLN 5,243 m as at March 31, 2017.
Disclaimer: Presented values are estimated and may change. Consolidated financial statements of the PGE Group are still in the preparation process. The quarterly consolidated report for the first quarter of 2017 will be published on May 11, 2017.