DAX ®13.282,72+0,46%TecDAX ®3.049,40+0,31%Dow Jones28.135,38+0,01%NASDAQ 1008.487,71+0,25%
finanztreff.de

EQS-Adhoc: PJSC Mosenergo Releases IFRS Financial Results for 1H 2019

| Quelle: Dow Jones Newsw... | Lesedauer etwa 3 min. | Text vorlesen Stop Pause Fortsetzen


EquityStory.RS, LLC-Ad-hoc: PJSC Mosenergo / Key word(s): Quarterly /
Interim Statement
PJSC Mosenergo Releases IFRS Financial Results for 1H 2019

12-Aug-2019 / 15:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EquityStory.RS, LLC - a company of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.

/

*RELEASE*

August 12, 2019
Moscow

*Mosenergo Releases IFRS Financial Results for 1H 2019*

Mosenergo releases interim abbreviated unaudited consolidated financial
statements (prepared in accordance with IFRS) for the 6 months ended June
30, 2019.

Consolidated Statement of Comprehensive Income 6M 2018 6M 2019
Key Figures, (mn RUR)
Revenue 107,668 103,855
Operating Costs (88,491) (89,686)
*Marginal profit(1)* *15,151* *17,247*
Operating Profit 18,552 14,039
*EBITDA, adj. (2)* *26,797* *22,094*
*Profit for the Period* *15,232* *12,730*

(1) Calculated as "Revenue from electricity sales + Revenue from heat sales
- Variable costs"

(2) Adjusted to net charge for impairment and other provisions

Mosenergo revenue for 6M 2019 decreased by 3.5% year-on-year down to RUR
103,855 mn. The reason for the decline was revenue from capacity sales
decrease (-32.6%), on the back of capacity supply agreements expiry for
three CSA units, as well as decreased revenue from heat sales (-5.8%) on the
account of lower output for warmer weather in the report period.
Operating costs for 1H 2019 amounted to RUR 89,686 mn, thus growing
marginally by 1.4%, mainly on the account of fuel costs increase by 2.1%.
EBITDA, adjusted to net charge for impairment and other provisions, for the
report period decreased by 17.6%, down to RUR 22,094 mn).
Mosenergo marginal profit in 1H 2019 amounted to RUR 17,247 mn, up by 13.8%,
resulting from increased electricity output (+6.8%) and weighted average
electricity price growth by 10.1%.
Mosenergo IFRS profit for 1H 2019 decreased by 16.4%, down to RUR 12,730 mn.

MOSENERGO PR DEPARTMENT

Tel.: (495) 957-1-957, ext. 2282, 2290
Fax: (495) 957-37-99
?-mail: press-centre@mosenergo.ru
Website: http://www.mosenergo.ru [1]

12-Aug-2019 CET/CEST The EquityStory.RS, LLC Distribution Services include
Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: PJSC Mosenergo
Vernadskogo prospect, 101 bld. 3
119526 Moscow
Russia
Phone: +7 495 957 1 957
Fax: +7 495 957 32 00
E-mail: mosenergo@mosenergo.ru
Internet: www.mosenergo.ru
ISIN: US0373763087, RU0008958863
WKN: 899416
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart; London, Moscow
EQS News ID: 855941

End of Announcement EquityStory.RS, LLC News Service

855941 12-Aug-2019 CET/CEST


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=60e2d5fbaac76f33242643f88872528a&application_id=855941&site_id=vwd&application_name=news


(END) Dow Jones Newswires

August 12, 2019 09:56 ET ( 13:56 GMT)
Werbung

Das könnte Sie auch interessieren

News-Suche

Suchbegriff:
Werbung

Werbung
Diese Seite empfehlenschliessen
Interessant, oder?
Teilen Sie diese Seite auf Facebook oder Twitter
Wenn Sie auf die Teilen-Buttons klicken und sich bei den Betreibern einloggen, werden Daten an den jeweiligen Betreiber übermittelt. Bitte beachten Sie die Datenschutzerklärung.
Aktuelle Umfrageschliessen
Wie, glauben Sie, wird der DAX am Ende dieser Woche - KW 51 - stehen?
Jetzt abstimmen!
Alle Umfragen ansehen