Electrica Group: net profit of RON 207 million in 2019
Thursday, March 12, 2020
In 2019, Electrica Group achieved a consolidated net profit of RON 207 million, 71.2% up compared to the budgeted value for 2019, respectively 10.3% less than in 2018, based on the audited consolidated financial statements. The consolidated net profit registered in 2019 decreased compared to the level of the previous year, although EBITDA recorded a 5.5% growth, mainly due to the increase in depreciation and amortization expenses, as well as to the increase in net finance costs. The ...