“INTER RAO Lietuva” Group announces financial results for 1Q 2016

Revenue from sales in 1Q 2016 decreased by 5.64% y/y to EUR 46.1 million, due to lower electricity prices in the Baltic States.
Group’s gross profit equalled to EUR 6.25 million, versus EUR 7.9million in1Q 2015.
Group’s EBITDA amounted to EUR 5.25 million while EBITDA margin accounted for 11.4 percent compared to 14.05 percent a year ago.
Operating profit reached EUR 4.6 million, versus EUR 6.2 million in1Q 2015.
Group’s net profit was EUR 3.8 million compared to EUR 5.2 million a year ago.
Electricity trading volume was 1 193 GWh, compared to 1 171 GWh in the1Q 2015.
The electricity trading volume in Poland: 78 GWh, compared to 60 GWh a year ago.