Hidroelectrica expects robust revenues this year, ahead of possible IPO

State-owned Romanian company Hidroelectrica, the largest electricity producer in the country, expects its revenues to rise by 11% to RON 7.4 bln (EUR 1.5 bln) this year, while its net profit would edge down by 8% to RON 2.9 bln, still delivering an outstanding net profit margin of nearly 40%.   At a dividend payout ratio of 85%, this would generate RON 2.47 bln (EUR ...

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