Brief: Scatec Cuts 2024 Proportionate Power Production Estimate To 4.2 - 4.3 TWh

Scatec ASA

01/11/2024 06:09

Nov 1 (Reuters) - Scatec ASA  SCATC.OL :
    * FULL YEAR 2024 PROPORTIONATE POWER PRODUCTION ESTIMATE IS
4.2 -
4.3 TWH (REDUCED BY 50 GWH)
    * FY 2024 PROPORTIONATE EBITDA ESTIMATE IS NOK 4,150 - 4,350
MILLION (INCREASED BY NOK 350 MILLION)
    * POWER PRODUCTION REVENUES INCREASE MAINLY DRIVEN BY AN
ACCOUNTING GAIN FROM DIVESTMENT IN SOUTH AFRICA, STRONG
CONTRIBUTIONS FROM PHILIPPINES AND UKRAINE
    * IN ADDITION TO STRONG POWER PRODUCTION PERFORMANCE, OUR
D&C
SEGMENT ACHIEVED SOLID UNDERLYING MARGINS AND CONSTRUCTION
PROGRESS

Source text:  ID:nGNEb7KHFH 
Further company coverage:  SCATC.OL 

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