EquityStory.RS, LLC-Ad-hoc: PJSC Mosenergo / Key word(s): Quarterly / Interim Statement/9 Month figures
Mosenergo Releases 9M 2019 IFRS Results
Mosenergo releases abbreviated interim unaudited consolidated financial statements (prepared in accordance with IFRS) for the 9 months ended September 30, 2019.
(1) EBITDA = Operating Profit + Depreciation and Amortization
(2) Adjusted to net charge for impairment and other provisions
Mosenergo revenue for 9M 2019 decreased by 1.9% year-on-year down to RUR 133,378 mn. The reason for the decline was lower revenue from capacity sales (-27.7%) on the back of capacity supply agreements expiry for three units, as well as lower revenue from heat sales (-2.8%), on the back of output decline, resulting from warmer weather in the reporting period, which was partly counterweighted electricity output growing by 7.3%.
MOSENERGO PR DEPARTMENT
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|Vernadskogo prospect, 101 bld. 3|
|Phone:||+7 495 957 1 957|
|Fax:||+7 495 957 32 00|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart; London, Moscow|
|EQS News ID:||908673|
|End of Announcement||EquityStory.RS, LLC News Service|
908673 08-Nov-2019 CET/CEST