Brief: Cyfrowy Polsat Recommends Allocating FY 2023 Net Profit To Supplementary Capital

Cyfrowy Polsat SA

22/05/2024 15:29

May 22 (Reuters) - Cyfrowy Polsat SA  CPS.WA :
    * MANAGEMENT RECOMMENDS ALLOCATING 639.6 MILLION ZLOTY 2023
FY NET
PROFIT TO SUPPLEMENTARY CAPITAL
    * FUNDS WILL BE USED IN PARTICULAR FOR IMPLEMENTATION OF
PROJECTS
IN THE GREEN ENERGY SEGMENT INVOLVING, AMONG OTHERS, THE
CONSTRUCTION OF WIND FARMS
    * COMPANY SEES TOTAL PRODUCTION OF UP TO 2 TWH OF CLEAN
ENERGY PER
YEAR IN 2026 AS A RESULT OF THE IMPLEMENTATION OF THE PROJECTS
    * COMPANY SEES THAT IMPLEMENTATION OF STRATEGY WILL
TRANSLATE INTO
ADDITIONAL, RECURRING EBITDA AT THE CONSOLIDATED LEVEL OF
500-600 MILLION ZLOTY PER YEAR IN LONG TERM

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Further company coverage:  CPS.WA 

 (Reporting by Gdansk Newsroom)
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