Estimated financial and operational data of the Energa Group for Q1 2024
Belongs to:
- Current reports
Current Report No. 22/2024
Date: 15 May 2024
Subject: Estimated financial and operational data of the Energa Group for Q1 2024
Legal basis: Article 17 (1) of MAR - inside information
The Management Board of Energa SA hereby reports estimated selected financial and operational data of the Energa Group ("Group") for the first quarter of 2024.
Estimated selected data for Q1 2024:
Revenues of the Group: PLN 6,254 million (vs. PLN 7,423 million in Q1 2023).
EBITDA of the Group: PLN 1,081 million (vs. PLN 2,331 million in Q1 2023).
Operating result (EBIT) of the Group: PLN 774 million (vs. PLN 2,041 million in Q1 2023).
Net profit of the Group: PLN 431 million (vs. PLN 1,571 million in Q1 2023).
CAPEX of the Group: PLN 759 million (vs. PLN 713 million in Q1 2023).
Distribution of electricity: 6,105 GWh (vs. 5,828 GWh in Q1 2023).
Gross production of electricity: 870 GWh (vs. 1,009 GWh in Q1 2023).
Retail sales of electricity: 4,605 GWh (vs. 4,583 GWh in Q1 2023).
In Q1 2024, the Energa Group generated PLN 1,081 million in EBITDA (operating profit before amortization and impairment of non-financial non-current assets). This result was mainly influenced by the results of the Distribution Business Line in the amount of PLN 949 million. In the Generation Business Line, the EBITDA result amounted to PLN 183 million, while the Sales Business Line generated the EBITDA loss of PLN 29 million.
The data presented are estimates and may change. The final financial and operational results will be presented in the consolidated quarterly report of the Energa Group for Q1 2024.