REG - Soc EnergElectricaSA - 2020 Preliminary financial results

Societatea Energetica Electrica SAAnnouncement

26/02/2021 16:30

RNS Number : 5697Q
  
Societatea Energetica Electrica SA
  
26 February 2021
  
 

 
2020 Preliminary Unaudited Separate and Consolidated Financial Results of Electrica
In 2020, Electrica SA recorded an individual net profit (preliminary unaudited) of RON 298.4 million, increasing by 15.8% as compared to the level of 2019.
Also, in 2020, Electrica Group recorded a consolidated net profit (preliminary unaudited) of

RON 388 million, by RON 181 million, respectively 87.5%, higher compared to the previous year, while revenues have reached a level of RON 6,501 million, up by 3,5% compared to 2019.
The preliminary unaudited separate financial statements of Electrica SA as at and for the year ended 31 December 2020 have been prepared in accordance with the Ministry of Public Finance Order no. 2844/2016 for the approval of the Accounting Regulations in accordance with International Financial Reporting Standards.
The preliminary unaudited consolidated financial statements of Electrica Group as at and for the year ended 31 December 2020 have been prepared in accordance with International Reporting Standards ("IFRS") as adopted by the European Union ("IFRS-EU"). 
The preliminary unaudited financial statements of Electrica as at and for the year ended 31 December 2020 are available, in Romanian and English, in electronic format, on Electrica's website, under the following links:
 
http://www.electrica.ro/investitori/rezultate-si-raportari/raportari-interimare/,
respectively
http://www.electrica.ro/en/investors/results-and-reports/interim-results/.
 
as well as at the links below:
http://www.rns-pdf.londonstockexchange.com/rns/5697Q_1-2021-2-26.pdf
http://www.rns-pdf.londonstockexchange.com/rns/5697Q_2-2021-2-26.pdf
 
Chief Executive Officer                                                          
Georgeta Corina Popescu                                                       

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