Brief: Hidroelectrica - Q1 Net Profit At 1.32 Billion Lei, Down 23% YoY

Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA

14/05/2024 16:34

May 14 (Reuters) - Societatea de Producere a Energiei
Electrice in Hidrocentrale Hidroelectrica SA  ROH2O.BX :
    * Q1 NET PROFIT AT 1.32 BILLION LEI VERSUS 1.72 BILLION LEI
YEAR
AGO, DOWN 23% YOY
    * Q1 ADJUSTED EBITDA 1.71 BILLION LEI VERSUS 2.18 BILLION
LEI YEAR
AGO, DOWN 21 % YOY
    * Q1 REVENUE 2.53 BILLION LEI VERSUS 3.27 BILLION LEI YEAR
AGO,
DOWN 22% YOY
    * Q1 NET ELECTRICITY PRODUCTION AT 4,296 GWH DOWN 8% YOY
    * DECREASE IN OPERATIONAL AND FINANCIAL RESULTS FOR Q1 FY
2024 IS
IN LINE WITH THE APPROVED BUDGET

    Source text
  
Further company coverage:  ROH2O.BX 

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