Brief: ENCE Sees Negative Impact To Net Profit This Year Of C. 52 Mln Euros Due To New Regulatory Energy Prices

ENCE Energia y Celulosa SA

10/07/2023 07:28

July 10 (Reuters) - Ence Energia y Celulosa SA  ENC.MC :
    * ESTIMATES NEW REGULATORY ENERGY PRICES TO REMUNERATION PARAMETERS OF THE GROUP'S PLANTS
WILL
MEAN A HIGHER CASH GENERATION OF APPROXIMATELY €26 MILLION THIS YEAR
    * ESTIMATES NEW REGULATORY ENERGY PRICES TO REMUNERATION PARAMETERS OF THE GROUP'S PLANTS
WILL
MEAN A LOWER NET ATTRIBUTABLE RESULT OF APPROXIMATELY €52 MILLION THIS YEAR
    * LOWER NET ATTRIBUTABLE RESULT IMPACT TO BE OFFSET BY AN IMPROVEMENT IN NET ATTRIBUTABLE
RESULT
DURING REST OF THE REGULATORY LIFE OF PLANTS

Source text for Eikon:  ID:nCNM7bFvG4 
Further company coverage:  ENC.MC 

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