Published: 2018-05-31 16:02:07 CEST
Ignitis grupė
Notification on material event

Preliminary financial data of Lietuvos Energija for 4 months of 2018

Lietuvos Energija, UAB, (hereinafter – the Company or Lietuvos Energija) identification code 301844044, registered office placed at Žvejų str. 14, Vilnius, Republic of Lithuania. The total nominal value of issued bonds 300 000 000 EUR; ISIN code XS1646530565. 

Preliminary financial data of Lietuvos Energija for 4 months of 2018:

  April
  2018 2017 Change
Revenue EUR 94.6 million EUR 81.9 million 15.5 %
Adjusted EBITDA* EUR 21.1 million EUR 17.1 million 23.4 %
       
  January - April
  2018 2017 Change
Revenue EUR 452.9 million EUR 391.5 million  15.7 %.
Adjusted EBITDA* EUR 96.3 million EUR 88.4 million 8.9 %

In January-April 2018, Lietuvos Energija generated revenue of EUR 452.9 million, which is 15.7% more compared to a respective period of 2017 (EUR 391.5 million). The Group's revenue has grown due to higher demand for electricity and gas, with lower average air temperature compared to the same period last year.

The adjusted EBITDA indicator of the Group was equal to EUR 96.3 million, i.e. 8.9% more compared to a respective period of 2017 (EUR 88.4 million). The growth of the indicator was driven by a better result from the distribution of electricity and gas due to more efficient operation and increased investment in renewal and modernization of distribution networks.

More information: Laura Šebekienė, Head of Corporate Communications of Lietuvos Energija +370 633 99940, laura.sebekiene@le.lt