Energy, Lithuania

International Internet Magazine. Baltic States news & analytics Wednesday, 24.04.2024, 15:47

Lietuvos Energijos Gamyba income grows in H1

BC, Vilnius, 01.09.2015.Print version
The results of Lietuvos Energijos Gamyba and Lietuvos Energijos Gamyba group of companies for the period from January to June 2015 have been announced, the Company. The sales income of the Lietuvos Energijos Gamyba, national electricity generation company, for the period from January to June 2015 amounted to EUR 98.03 million and was 6.2% higher than that in January-June 2014, reports LETA/ELTA.

The total income grew 15% and reached EUR 107.37 million.

 

The Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) for the period from January to June 2015 amounted to EUR 28.33 million, a 17.5% decrease from the EBITDA recorded in January-June 2014 (EUR 34.33 million). The Company's EBITDA margin in January-June 2015 reached 26.4%.

 

In January-June 2015, the Company earned EUR 21.66 million as profit before tax. The Company's net profit amounted to EUR 19.26 million and was 14% lower than that for the same period in the previous year (EUR 22.39 million). The net profit margin of the Company amounted to 17.9% (in the previous year – 24.0%).

 

The sales income of the Group increased by 11.2% (to EUR 103.63 million), while the total income of the Group dropped 2.4% (to EUR 112.40 million).

 

The Group's EBITDA (EUR 30.28 million) was 14.7% lower than the EBITDA for the same period in the previous year (EUR 35.52 million). The Group's EBITDA margin dropped by 3.9% and amounted to 26.9% in January-June 2015.

 

The Group earned EUR 15.71 million as profit before tax, while the net profit of the Group amounted to EUR 13.06 million (54.9% less than in January-June 2014).






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