en
AB Ignitis Gamyba, company code 302648707, registered office at Elektrinės st. 21, Elektrėnai (hereinafter referred to as the Company).
The Company announces preliminary financial results for the 5 months of 2021:
|
5 months of 2021 |
5 months of 2020 |
Change |
|
|
Revenue from contracts with customers |
EUR 81.701 m |
EUR 49.889 m |
61.9% |
|
Adjusted EBITDA* |
EUR 31.793 m |
EUR 22.058 m |
44.1% |
Electricity produced in the power plants controlled by the Company:
|
5 months of 2021 |
5 months of 2020 |
Change |
|
|
Elektrėnai Complex |
302.9 GWh |
166.2 GWh |
82.3% |
|
Kruonis PSHP |
291.8 GWh |
273.5 GWh |
6.7% |
|
Kaunas A. Brazauskas’ HPP |
136.1 GWh |
120.3 GWh |
13.2% |
January-May 2021, the amount of electricity generated in the Company’s power plants was 730.8 GWh, i.e. 30.5 percent more compared to 2020 January-May. In the comparable period, the Company's revenue from contracts with customers grew by 61.8 percent and adjusted EBITDA – by 44.1 percent. These indicators increased mainly due to significantly increased volumes of electricity production in all power plants managed by the Company as well as effective use of Kruonis PSHP and Kaunas HPP.
* The Company’s preliminary adjusted EBITDA for 2021 and actual adjusted EBITDA for 2020 are reported after the adjustments made by the management by eliminating the impact of one-off factors, also considering the change in revenue (and, consequently, EBITDA) of the Company's regulated services. These adjustments are made aiming to disclose the results of the Company’s operating activities after the elimination of the impact of non-typical, one-off factors or factors that are not directly related to the current reporting period. All adjustments made by the management are disclosed in the Company’s interim and annual reports.