Estimated financial and operational data of the Energa Group for H1 and Q2 2024
Belongs to:
- Current reports
Current Report No. 35/2024
Date: 8 August 2024
Subject: Estimated financial and operational data of the Energa Group for H1 and Q2 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 half of 2024 and for the second quarter of 2024.
Selected data for H1 2024:
Revenues of the Group: 11,606 PLN million (vs. PLN 13,434 million in H1 2023).
EBITDA of the Group: 2,109 PLN million (vs. PLN 2,607 million in H1 2023).
Operating result (EBIT) of the Group: 1,490 PLN million (vs. PLN 2,022 million in H1 2023).
Net result of the Group: PLN 833 million (vs. PLN 1,424 million in H1 2023).
CAPEX of the Group: PLN 1,916 million (vs. PLN 1,731 million in H1 2023).
Distribution of electricity: 11,476 GWh (vs. 11,264 GWh in H1 2023).
Gross production of electricity: 1,456 GWh (vs. 1,740 GWh in H1 2023).
Retail sales of electricity: 8,421 GWh (vs. 8,582 GWh in H1 2023).
In H1 2024, the Energa Group generated PLN 2,109 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 1,605 million. In the Generation Business Line, the EBITDA result amounted to PLN 253 million, while the Sales Business Line generated the EBITDA of PLN 250 million.
Selected data for Q2 2024:
Revenues of the Group: PLN 5,352 million (vs. PLN 6,011 million in Q2 2023).
EBITDA of the Group: PLN 1,028 million (vs. PLN 276 million in Q2 2023).
Operating result (EBIT) of the Group: PLN 716 million (vs. PLN -19 million in Q2 2023).
Net result of the Group: PLN 402 million (vs. PLN -147 million in Q2 2023).
CAPEX of the Group: PLN 1,157 million (vs. PLN 1,018 million in Q2 2023).
Distribution of electricity: 5,371 GWh (vs. 5,436 GWh in Q2 2023).
Gross production of electricity: 586 GWh (vs. 731 GWh in Q2 2023).
Retail sales of electricity: 3,816 GWh (vs. 3,999 GWh in Q2 2023).
In Q2 2024, the Energa Group's EBITDA amounted to 1,028, of which the Distribution Business Line generated PLN 656 million, the Generation Business Line PLN 70 million and the Sales Business Line PLN 279 million.
The data presented are estimates and are subject to review by the auditor, therefore they may change. The final financial and operational data of the Energa Group for H1 2024 and for Q2 2024 for will be presented in the consolidated financial statements of Energa Group for H1 2024.