Societatea Energetica Electrica SA logo

ELSA - Societatea Energetica Electrica SA News Story

$9 0.0  0.0%

Last Trade - 30/11/21

Mid Cap
Market Cap £572.4m
Enterprise Value £683.1m
Revenue £1.14bn
Position in Universe 566th / 1804

Power prices drive Romanian Electrica's nine-month net profit down

Fri 12th November, 2021 4:55pm
BUCHAREST, Nov 12 (Reuters) - Romanian state-owned power
utility Electrica  ROEL.BX  
    * Says recorded a net profit of 72 million lei ($16.67
million) in
the first nine months, sharply down from 396 million lei in the
same period of last year, primarily driven by higher electricity
purchasing prices. 
    * Says revenue totalled 5.16 billion lei, up 5.4% on the
    * Says acquisition costs for electricity rose 23.4% on the
year to
3.4 billion lei.
    * Says distributed roughly 13.8 TWh to 3.8 million users, up
on the year. 
    * Says supplied roughly 6.9 TWh on the retail power market,
1.3% on the year.

Further company coverage:  ROEL.BX 
($1 = 4.3197 lei)

 (Reporting by Luiza Ilie)
 ((; +4021 527 0312;
© Stockopedia 2022, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.