Brief: Latvijas Gaze Q1 Net Profit At 17.24 Million Eur

Latvijas Gaze AS

29/05/2019 14:37

May 29 (Reuters) - Latvijas Gaze AS  GZE1R.RI :
    * SAYS GROUP'S FIRST THREE MONTHS OF 2019 NET TURNOVER 113.2
MILLION EUR 17.5% HIGHER THAN DURING SAME PERIOD IN 2018
    * SAYS Q1 EBITDA 20.33 MILLION EUR
    * SAYS Q1 NET PROFIT OF 17.24 MILLION EUR
    * SAYS GENERAL MARKET ENVIRONMENT WILL REMAIN CHALLENGING IN
REST
OF 2019
    * SAYS COMPETITION ON SUPPLY SIDE IS LIKELY TO INCREASE
FURTHER
WHILE DRASTIC CHANGES IN DEMAND FOR NATURAL GAS ARE NOT VERY
LIKELY

Source text for Eikon:  ID:nGNE4hKDy 
Further company coverage:  GZE1R.RI 

 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))