Brief: European Energy Exchange Reports FY Profit Before Tax Was EUR 37.4 Mln, Up 44% From Last Year

European Energy Exchange AG

28/02/2020 21:42

Feb 28 (Reuters) - European Energy Exchange Ag  T3PA.DE :
    * FY EBITDA TOTALLED EUR 44.3 MILLION (+32%) COMPARED TO
EBITDA OF
EUR 33.6 MILLION IN 2018
    * FY PROFIT BEFORE TAX WAS EUR 37.4 MILLION, UP 44% FROM
LAST YEAR
    * QTRLY EBITDA EUR 14 MILLION VERSUS  EUR 25.4 MILLION
    * QTRLY PROFIT BEFORE TAX EUR 9.5 MILLION VERSUS EUR 24.2
MILLION
    * EUROPEAN ENERGY EXCHANGE-ENTERED IN MULTIYEAR OFFTAKE
AGREEMENT
WITH  EUROPEAN ENERGY TRADING CONCERNING SUPPLY OF 3 TWH OF
GREEN ENERGY TO RWE AG
    * FOR 2020, SEES EBITDA OF EUR 52 MILLION-58 MILLION AND
SEES 2020
PROFIT BEFORE TAX OF EUR 35 MILLION-39 MILLION
    * QTRLY REVENUE EUR 105.3 MILLION VERSUS EUR 72.5 MILLION
    * QTRLY DILUTED EARNINGS PER SHARE EUR 0.027

Source text for Eikon:  ID:nGNE32Zdl8 
Further company coverage:  T3PA.DE 

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