Preliminary monetary knowledge of Ignitis Group for 11 months of 2020
Preliminary monetary knowledge of Ignitis Group (hereinafter – the Group) for 11 months of 2020:
|Income||EUR 122.3 million||EUR 100.1 million||22.2 %|
|Adjusted EBITDA*||EUR 29.1 million||EUR 25.9 million||12.4 %|
|January – November|
|Income||EUR 1,089.8 million||EUR 989.7 million||10,1 %|
|Adjusted EBITDA*||EUR 254.2 million||EUR 237.6 million||7.0 %|
In January – November 2020, the Group generated income of EUR 1,089.8 million, which is 10.1 per cent. extra in comparison with a respective interval of 2019 (EUR 989.7 million). The Group’s income primarily elevated on account of larger income of the networks section as a consequence of worth of energy distribution service, which is comprised of energy transmission, distribution and public service obligations (PSO) elements.
The adjusted EBITDA indicator of the Group in January – November 2020 was equal to EUR 254.2 million, i.e. 7.0 per cent. extra in comparison with a respective interval of 2019 (EUR 237.6 million). The rise was pushed by higher results of networks section as a consequence of rising worth of regulated property on account of investments within the renewal of distribution networks, higher results of CCGT unit in Elektrėnai complicated of versatile technology section and environment friendly use of Kruonis PSHP of inexperienced technology section.
*The Firm’s preliminary (2020) and precise (2019) results of adjusted EBITDA is offered after the changes made by the administration by eliminating the affect of one-off components. These changes are supposed to reveal the outcomes of the Firm’s working exercise with out considering atypical, one-off components or components that haven’t any direct relation with the present interval of operations. All changes made by the administration are disclosed within the Firm’s interim and annual studies.
For extra info please contact:
Head of Public Relations at Ignitis Group
+370 620 76076