Brief: Ignitis Grupe Says Compensation For Increased Energy Cost Will Have Positive Impact On The Group’S Working Capital

Ignitis Grupe AB

09/06/2022 16:10

June 9 (Reuters) - Ignitis Grupe AB  IGN1L.VL :
    * ALL ACTS TO PARTIALLY COMPENSATE CONSUMERS FOR INCREASED
ENERGY
COST IN H2 WILL HAVE POSITIVE IMPACT ON THE GROUP’S WORKING
CAPITAL
    * THE APPROVED ELECTRICITY AND GAS PRICES WILL COVER C. EUR
365
MILLION (INCL. VAT) OF RELATED COSTS INCURRED BY GROUP IN THE
PREVIOUS PERIODS

Source text:  ID:nGNE9QxGzx 
Further company coverage:  IGN1L.VL 

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