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Lithuania's energy distribution co ESO posts 8% drop in Jan-May
BC, Vilnius, 30.06.2017.
Print version
Print versionLithuania's electricity and natural gas distribution company Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO) said on Friday that its revenue for January through May fell by 7.6% to 263.9 mln euros, from 285.9 mln euros in the same period last year, writes LETA/BNS.
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Revenue decreased due to lower electricity and natural gas distribution service prices to customers," the company said in a stock exchange release.
EBITDA for the five months dropped by 13% y-o-y to 68.2 mln euros.
Lithuania's state-owned energy holding company Lietuvos Energija (Lithuanian Energy) owns 94.98% of shares in ESO, which is quoted on the blue-chip Main List of the Nasdaq Vilnius stock exchange.
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