EQS-Adhoc: PJSC Mosenergo: Releases 9M 2019 IFRS Results
Freitag, 08.11.2019 14:50 von DGAP
EquityStory.RS, LLC-Ad-hoc: PJSC Mosenergo / Key word(s): Quarterly / Interim Statement/9 Month figures PJSC Mosenergo: Releases 9M 2019 IFRS Results 08-Nov-2019 / 14:46 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 November 8, 2019 Moscow 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%. Operating costs in the reporting period amounted to RUR 120,895 mn, up by 2.5%, mainly on the account of fuel expenses growing by 4.3% on the back of increased electricity output. EBITDA amounted to RUR 24,281 mn (-13.8% year-on-year). Mosenergo IFRS profit for 9M 2019 decreased by 10.1%, down to RUR 12,624 mn.
MOSENERGO PR DEPARTMENT
08-Nov-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: | 908673 |
End of Announcement | EquityStory.RS, LLC News Service |
|
908673 08-Nov-2019 CET/CEST