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Investegate |Eesti Energia AS Announcements | Eesti Energia AS: Eesti Energia plans to list renewables subsidiary

Investegate |Eesti Energia AS Announcements | Eesti Energia AS: Eesti Energia plans to list renewables subsidiary
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

Investegate |Eesti Energia AS Announcements | Eesti Energia AS: Eesti Energia completes acquisition of DSO

Investegate |Eesti Energia AS Announcements | Eesti Energia AS: Eesti Energia completes acquisition of DSO
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

Eesti Energia completes acquisition of DSO

Eesti Energia completes acquisition of DSO
lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.

Investegate |Eesti Energia AS Announcements | Eesti Energia AS: Eesti Energia Group results for Q1 2021

  The sales revenues of Eesti Energia Group increased to EUR 297.3 million in the first quarter of 2021 (+31.1% year-on-year). Group EBITDA was EUR 72.4 million (+45.5% year-on-year). The Group s net profit amounted to EUR 26.5 million in the first quarter of 2021 compared to previous year s net loss of EUR 2 million.   Group financials The revenue of Eesti Energia in the first quarter of 2021 increased mainly on the back of higher electricity market prices and better sales volumes of the electricity segment. Distribution segment s sales revenue rose as the consumption volumes grew due to more normal weather in the first quarter of 2021 compared to last year s abnormally warm weather in the winter months. Shale oil operations showed good operational performance, but the sales revenue and EBITDA were held back by derivative impacts in accordance with the Group s hedging strategy. Reported EBITDA of the Group increased from the first quarter of last

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