Romania Transgaz net profit up in H1, below fcast

Societatea Nationala de Transport Gaze Naturale Transgaz SA

13/08/2014 16:25

BUCHAREST, Aug 13 (Reuters) - Romania's state-owned gas 
pipeline operator Transgaz  ROTGN.BX  posted a 117 percent 
annual rise in its first half net profit to 294 million lei 
($88.7 million), below forecast, company data showed on 
Wednesday. 
    Analysts at SSIF Broker in Bucharest had expected a net 
profit of 325 million lei. Transgaz said it recorded a net 
profit of 135 million lei in the same period of 2013. 
    Transgaz shares on the Bucharest bourse closed 0.72 percent 
up on the day at 211 lei ($63.7) per share. 
 ($1 = 3.3141 Romanian lei) 
 
 (Reporting by Radu Marinas) 
 ((radu.marinas@thomsonreuters.com; +40 21 305 5263; Reuters 
Messaging: radu.marinas.thomsonreuters.com@reuters.net)) 
 
Keywords: TRANSGAZ/RESULTS