H1 2018

Financial and Operating Results

August 7, 2018

Agenda

  • Henryk Baranowski-President of the Board and CEO

    • •Summary of H1 and Q2

    • •PGE in transition

    • •Investment pipeline

  • Emil Wojtowicz-Vice-President of the Board, CFO

    • •Situation on the electricity market

    • •Financial results

    • •Operational results

    • •Outlook for 2018

Key takeaways

Henryk Baranowski

President of the Board, CEO

Q2 and H1 in a nutshell

Financial results

Q2 2018

H1 2018

  • •EBITDA: PLN1.5 bn(-2%)

  • •Net cash from operations:PLN 1.0 bn(-39%)

  • •Net profit:PLN 0.3 bn(-42%)

    Operations

    Q2 2018

    • •EBITDA:PLN 3.7 bn(+7%)

    • •Net cash from operations :PLN 2.7 bn(-18%)

    • •Net profit:PLN 1.3 mld(-13%)

      H1 2018

  • •Net generation:15.3 TWh(+18%)

  • •Distribution:8.8 TWh(+3%)

  • •Sales to end users:10.2 TWh(+5%)

  • •Sales of heat:5.6 PJ(+103%)

  • •Net generation:32.9 TWh(+18%)

  • •Distribution:18.0 TWh(+3%)

  • •Sales to end users:20.7 TWh(+5%)

  • •Sales of heat:29.0 PJ(+174%)

PGE in transition

In the face of challenges we create responsible power sector of tomorrow

  • •Realisation of the District Heating Strategy

    • •Acquired assets' integration within the

      PGE Group

    • •Construction of Waste-to-Energy plantin Rzeszów

    • •Investment plans in present locations:

•Czechnica

•Rybnik

•Bydgoszcz

•NowySącz

•Kielce

•Wadowice

•Zgierz

•ZielonaGóra

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Disclaimer

PGE - Polska Grupa Energetyczna SA published this content on 07 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 August 2018 17:10:09 UTC