| EquityStory.RS, LLC-Ad-hoc: PJSC Mosenergo / Key word(s): Interim Report/9 Month figures Mosenergo Releases 9m 2020 IFRS Results 06-Nov-2020 / 13:45 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 6, 2020 Moscow Mosenergo Releases 9m 2020 IFRS Results Mosenergo releases unaudited consolidated interim abbreviated financial statements (prepared in accordance with IFRS) for the 9 months ended September 30, 2020.
(1) Calculated as "Operating Profit + Depreciation and Amortization"
PJSC "Mosenergo" and subsidiaries (Mosenergo Group) revenue for 9M 2020 decreased by 8.4% year-on-year, down to RUR 122,108 mn. The reason for the decrease was lower revenue from electricity and heat sales (-16.2% and -4.5%, correspondingly). The operating performance decline resulted from unusually warm weather in 1q 2020 and decreased electricity consumption on the back of COVID-19 impact. Operating costs for 9M 2020 decreased year-on-year by 3.4% down to RUR 116,803 mn. EBITDA amounted to RUR 21,264 mn (-18.9% year-on-year). Mosenergo Group IFRS profit for 9M 2020 decreased by 57.7%, down to RUR 5,344 mn.
MOSENERGO PR DEPARTMENT
06-Nov-2020 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: | 1146210 |
| End of Announcement | EquityStory.RS, LLC News Service |
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1146210 06-Nov-2020 CET/CEST
