Tauron results due May 21
Net profit seen up 66%
GDANSK, May 5 (Reuters) - Polish utility Tauron TPE.WA is expected to report a 66% increase in its first-quarter net profit, driven by strong performances in its distribution and supply segments, analysts say.
Analysts forecast Tauron's net profit at 884 million zlotys ($234.33 million) for the first quarter, up from 531 million zlotys in the same period last year, according to a Reuters poll of five analysts.
The rise is mainly attributed to regulatory changes related to higher permitted returns and increased asset valuations, enabling Tauron to achieve greater returns from its networks, alongside higher electricity tariffs for households.
The following table summarises the market forecasts for Tauron for the first quarter of 2025:
(Figures in millions of zlotys unless stated otherwise)