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Electrica, net consolidated profit up by 34%

2 March 2019
Electricity
energynomics

Electrica announced a net consolidated result of 230.4 million lei, up 34.3% as compared to 2017, according to unaudited preliminary results for the previous year.

Profit before tax increased by about 27% and operating profit by 32.4% at relatively constant revenues (5.61 billion compared to 5.60 billion lei in the previous year).

The consolidated net result per share increased from 0.38 to 0.68 lei (+ 55.9%).

The company’s assets amounted to 7.5 billion lei and its equity amounted to 5.6 billion lei. Total debt reached 1.9 billion lei.

The Electrica Group will announce its extended results in the coming week.

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