Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  MOSCOW INTERBANK CURRENCY EXCHANGE  >  Inter RAO EES PAO    IRAO   RU000A0JPNM1

INTER RAO EES PAO

(IRAO)
  Report
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Inter RAO YEES : Russian Power Generation Subsidiaries of Inter RAO Group Announce RAS Financial Results for the First Quarter of 2019

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/25/2019 | 02:53am EST
25 April 2019

* Financial results are available for the generation companies: JSC Inter RAO - Electric Power Plants, JSC Nizhnevartovskaya TPP, Bashkir Generation Company LLC, JSC TGK-11, and JSC Tomsk Generation

The following key factors affected the operating and financial results of Russian power generation and heat production subsidiaries of Inter RAO Group:

  • Commissioning of three energy units with the installed capacity of 340 MW at Pregolskaya TPP in the Kaliningrad region and the second energy unit with the installed capacity of 220 MW Zatonskaya TPP in Ufa;
  • An increase of 16 MW in the installed electric capacity of current unit of Iriklinskaya TPP and 22 MW in the installed electric capacity of the first unit of Zatonskaya TPP after technical maintenance related to remarking;
  • Decommissioning of inefficient equipment of two power units at the Kashirskaya TPP (totaling 600 MW at both facilities) on January 1, 2019, as well as a turbine unit at the Ufimskaya TPP-1 with the capacity of 9 MW;
  • A higher demand in the power system for electricity generated at the Kostromskaya, Verkhnetagilskaya, Kharanorskaya and Karmanovskaya TPPs, as well as the Zatonskaya TPP, and a decrease in the demand for the electricity produced by the Permskaya (the effective capacity less the power unit built under the capacity supply agreement), Gusinoozerskaya and Iriklinskaya TPPs, and JSC TGK-11 and JSC Tomsk Generation power plants, are related mainly to higher ambient temperature in 2019;
  • Scheduled maintenance of all power units at Nizhnevartovskaya TPP in 2019;
  • Marketing of the capacity of leased facilities of LLC Kaliningrad Generation (power generating units of Mayakovskaya, Talakhovskaya and Pregolskaya TPPs);
  • Indexation of fuel prices.

Financial results of the power generation subsidiaries:

Indicator

Inter RAO - Electric Power Plants

Nizhnevartovskaya TPP

Q1 2019

Change

Q1 2019

Change

Revenue

57,4

16,1%

4,5

(9,4%)

Production cost

38,1

7,7%

3,4

(11,6%)

Sales profit

18,8

38,5%

1,0

(2,4%)

Net income

16,5

51,3%

0,9

(15,4%)

Power generation, billion kWh

21,2

3,7%

2,9

(19,3%)

Heat distribution from collectors, million Gcal

1,7

(2,5%)

0,09

(10,6%)

* Billion rubles unless indicated otherwise

Operating and financial results of the heat production subsidiaries:

Indicator

«Bashkir Generation Company»

«TGK-11»

«Tomsk Generation»

Q1 2019

Change

Q1 2019

Change

Q1 2019

Change

Revenue

14,7

19,9%

6,7

10,7%

2,7

3,1%

Production cost

11,5

13,9%

4,5

2,9%

2,1

(0,9%)

Sales profit

2,9

57,2%

2,0

34,5%

0,5

28,0%

Net income

3,9

4,4 times

1,6

37,0%

0,4

37,7%

Power generation, billion kWh

5,4

17,8%

1,9

(3,3%)

0,7

(5,6%)

Heat distribution from collectors, million Gcal

5,6

(7,5%)

3,4

(2,3%)

1,9

(6,3%)

* Billion rubles unless indicated otherwise

For more details on RAS financial results of generation subsidiaries of Inter RAO Group in the first quarter of 2019, please visit their official websites:

«Inter RAO - Electric Power Plants» and Nizhnevartovskaya TPP

«Bashkir Generation Company»

«TGK-11»

«Tomsk Generation»

Press release

Press release

Press release

Press release

Statements for Q1 2019

Statements for Q1 2019

Statements for Q1 2019

Statements for Q1 2019

Operating results

Operating results

Operating results

Operating results

Disclaimer

OAO INTER RAO UES published this content on 25 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 April 2019 06:52:11 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INTER RAO EES PAO
2019INTER RAO EES PAO : Slide show half-year results
CO
2019INTER RAO EES PAO : Half-year report
CO
2019INTER RAO YEES PAO : Ex-dividend day for final dividend
FA
2019INTER RAO YEES : Group Announces Operating Results for the First Quarter 2019
PU
2019INTER RAO YEES : Russian Power Generation Subsidiaries of Inter RAO Group Announ..
PU
2019INTER RAO YEES : PJSC Inter RAO Announces RAS Financial Results for the First Qu..
PU
2019INTER RAO YEES : Guaranteeing Suppliers of Inter RAO Group Announce RAS Financia..
PU
2019INTER RAO YEES : joins the United Nations Global Compact
PU
2019INTER RAO YEES : Based on preliminary results of modernization project selection..
PU
2019INTER RAO EES PAO : 1st quarter report
CO
More news
Financials (RUB)
Sales 2019 1 015 B
EBIT 2019 102 B
Net income 2019 86 488 M
Finance 2019 248 B
Yield 2019 3,20%
P/E ratio 2019 5,04x
P/E ratio 2020 5,38x
EV / Sales2019 0,18x
EV / Sales2020 0,12x
Capitalization 435 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 8
Average target price 7,66  RUB
Last Close Price 5,92  RUB
Spread / Highest target 85,9%
Spread / Average Target 29,3%
Spread / Lowest Target -24,0%
EPS Revisions
Managers
NameTitle
Boris Yuryevich Kovalchuk Chairman-Management Board, President & CEO
Igor Ivanovich Sechin Chairman
Pavel Ivanovich Okley Head-Operations
Evgeny Nikolayevich Miroshnichenko Head-Finance & Economy
Aleksandr Markovich Lokshin Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
INTER RAO EES PAO7 072
NEXTERA ENERGY, INC.4.64%123 856
ENEL S.P.A.7.62%87 106
SOUTHERN COMPANY5.59%70 538
DOMINION ENERGY, INC.1.49%69 181
DUKE ENERGY CORPORATION2.75%68 325