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"INTER RAO Lietuva" Group announces financial results for 2015

  • Group’s gross profit in 2015 increased by 36% to EUR 29.6 million from EUR 21.8 million in 2014.
  • Operating profit reached EUR 22.8 million, versus EUR 15 million in 2014.
  • Group’s net profit increased to EUR 18.8 million from EUR 12.3 million in 2014.
  • Group’s EBITDA increased to EUR 25.3 million while EBITDA margin increased to 13.55 percent.
  • Electricity trading volume was slightly lower than in 2014, 4 273 GWh versus 4 374 GWh.
  • The electricity production in the wind farm increased by 21.4% due to better wind conditions and technical upgrades that were done in 2014.
  • The electricity trading volume in Poland increased 5 times and was 254 GWh versus 51 GWh in 2014.
  • Revenue from sales decreased by 11.25%, to EUR 186.7 million, compared to EUR 210.4 million in 2014,due to lower amount of electricity traded and low electricity prices in the Baltic States.