This analysts’ consensus estimates has been prepared on of PGE Polska Grupa Energetyczna S.A. based on Bloomberg data and analytical reports received by the Company and is presented for the informational purposes only.

This consensus estimates does not constitute or form part of and should not be constructed as, an offer to sell, or the solicitation or invitation of any offer to buy or subscribe for Company’s securities. PGE Polska Grupa Energetyczna S.A. is not responsible for the consequences of decisions taken based on information contained in this consensus.

 FY 2019 EFY 2020 EFY 2021 E
Sales revenues
Number of Estimates886
High Estimate47 52550 51748 665
Average Estimate39 37739 94841 726
Median Estimate40 00540 28740 368
Low Estimate29 40029 95637 322
EBITDA    
Number of Estimates886
High Estimate6 4259 1209 105
Average Estimate5 6697 7567 987
Median Estimate5 7267 5857 933
Low Estimate4 8757 0507 184
EBIT   
Number of Estimates886
High Estimate2 3264 8164 585
Average Estimate1 5573 4603 555
Median Estimate1 4823 2803 676
Low Estimate6592 8122 428
Net profit   
Number of Estimates886
High Estimate1 4513 4293 244
Average Estimate8662 4052 496
Median Estimate8742 2812 602
Low Estimate611 8661 677

This consensus was prepared by the Company on March 19, 2019.

The consenus is based on research reports relased in January 2019 or thereafter.

The following consensus contains forecasts of 8 brokerage houses.

Disclaimer

This consensus estimates does not constitute or form part of and should not be constructed as, an offer to sell, or the solicitation or invitation of any offer to buy or subscribe for Company’s securities. This summary has been prepared for information purposes only and is not intended to constitute investment advice.

PGE Polska Grupa Energetyczna S.A. is not responsible for the consequences of decisions taken based on information contained in this consensus.