TAURON Group posted solid financial and operating results in H1 2017. It would not have been possible without our consistent activities in various areas – we are streamlining management processes in place within the Group, we are watching our costs, while at the same time making sure that we support innovations and make our product offering more attractive for our existing and future customers.
Sales revenue reached PLN 4,590m (up 0.5 percent year on year) – revenue increases reported in the following segments: Mining, Distribution, Supply
EBITDA reached PLN 1,185m (up 35.6 percent year on year) – EBITDA margin was 25.8 percent
Net profit reached PLN 641m (up 97.8 percent year on year)
EBITDA was impacted by the dissolving of the PLN 190m provision related to the CCGT...
Sales revenue reached PLN 17.65bn
EBITDA reached PLN 3.34bn, while EBITDA margin was 18.9 percent
Net profit reached PLN 370m (versus net loss of PLN 1.8bn in 2015)
Net impairment charges related to fixed assets as a result of impairment tests conducted in 2016: PLN 735m
Segments that made the largest contribution to the company’s earnings: Distribution (EBITDA of PLN 2 395m),...
Sales revenue topped PLN 8.94bn
EBITDA reached PLN 1,653m, while EBITDA margin was 18.5 percent
Net profit reached PLN 4.7m which was the direct consequence of write-offs of impaired Generation assets
As a result of the write-offs EBIT declined approx. ...
Due to good economic conditions the Group posted an almost 2 percent increase of the distributed electricity volume, also hard coal production and sales volumes rose.
2015 EBITDA turned out to be close to the market consensus. The earnings were supported by good macro data and the rising demand for electricity which was reflected in the higher electricity generation and distribution volumes.
TAURON Group's Mining line of business generated EBITDA of PLN 134.7m in Q3 of 2015 versus PLN 55.3m a year ago. The good result was possible, among others, due to achieving high hard coal extraction and sales volumes and introducing more flexible approach to the provision of benefits due to former employees.
The Management Board of TAURON Polska Energia is conducting activities that will have a positive impact on the financial position of the Group and will allow for the outlook of the Fitch credit rating (BBB) to be upgraded to ”stable”. ...
Sales revenue was approx. PLN 9.2bn
EBITDA topped PLN 1.9bn, while net profit was more than PLN 720m
EBITDA margin reached 20.8 percent, while net margin was 7.8 percent
Segments that made the largest contribution to the company’s good H1 earnings: Distribution (EBITDA: PLN 1.24bn), Generation (EBITDA: PLN 473m) and Supply (EBITDA: PLN 335m)
Capital expenditures reached approx. ...
Sales revenue was PLN 4.8bn, while EBITDA topped PLN 1bn
Net profit rose to PLN 502m. EBITDA margin reached 21.5 percent, while net margin was 10.6 percent
Segments that made the largest contribution to the company’s earnings: Distribution (EBITDA: PLN 547m), Generation (EBITDA: PLN 284m) and Supply (EBITDA: PLN 194m)
Capital expenditures topped PLN 790m. ...
