|
||||||||||||||||||||||||||||||||
2021-08-31 15:10:00 CEST 2021-08-31 15:10:00 CEST REGLERAD INFORMATION Ignitis grupė - Notification on material eventPreliminary financial data of Ignitis Group for 7 months of 2021Preliminary financial data of Ignitis Group (hereinafter – the Group) for 7 months of 2021:
In January – July 2021, the Group generated revenue of EUR 872.9 million, which is 28.4% more compared to a respective period of 2020 (EUR 680.0 million). The results were driven by higher electricity sales to business customers in the Customers & Solutions business segment, as well as higher distributed volumes in the Networks segment. Both of these effects were mostly related to overall higher energy consumption compared to the same period in 2020. Also, Group’s revenue increased in Flexible Generation segment as a result of the CCGT unit’s commercial activities caused by higher clean spark spread. Additionally, increase of revenue was caused by the start of operations of Kaunas and Vilnius CHP’s in August 2020 and March 2021, respectively. The adjusted EBITDA in January – July 2021 was equal to EUR 191.2 million, i.e. 28.0% more compared to a respective period of 2020 (EUR 149.4 million). Adjusted EBITDA results grew in all of Group’s operating segments:
1 The Group’s preliminary (2021) and actual (2020) result of adjusted EBITDA is presented after the adjustments made by the management by eliminating the impact of one-off factors. These adjustments are intended to disclose the results of the Group’s operating activity without taking into consideration atypical, one-off factors or factors that have no direct relation with the current period of operations. All adjustments made by the management are disclosed in the Group’s interim and annual reports which are available at Group’s website (link). For more information please contact: Artūras Ketlerius
|
||||||||||||||||||||||||||||||||
|