Profil:
PGE SAPGE power posts PLN 3.16 bln attributable net loss, in line with estimates
Listed power utility PGE had a PLN 3.16 billion (EUR 738.8 mln) consolidated attributable net loss in 2024 versus PLN 5.01 billion (EUR 1.2 bln) in the same period last year; PLN 12.21 billion (EUR 2.9 bln) reported EBITDA vs. PLN 10.2 billion (EUR 2.4 bln) a year ago, the company said in an annual report. The results were in line with the company's earlier estimates.
The company's revenue in 2024 was PLN 64.48 billion (EUR 15.1 bln) in sales revenue, compared to PLN 95.96 billion (EUR 22.4 bln) in 2023.
The company's loss from operations was PLN 65 million (EUR 15.2 mln) in 2024, compared to a PLN 3.43 billion (EUR 801.9 mln) loss in 2023.
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