Preliminary financial data of
April | |||
2021 | 2020 | Change | |
Revenue | 25.1 % | ||
Adjusted EBITDA* | 39.3 % | ||
January - April | |||
2021 | 2020 | Change | |
Revenue | 21.7 % | ||
Adjusted EBITDA* | 18.5 % |
In January –
The adjusted EBITDA in January –
- Better results from the Green Generation segment due to start of operations of Kaunas and Vilnius CHP’s in
August 2020 andMarch 2021 , respectively; - Flexible Generation segment growth driven by higher commercial activity in the CCGT unit due to positive spark spread;
- Higher distributed volumes in the Networks segment due to colder weather conditions compared to respective period of 2020. This effect will level off over the course of the year as annual ROI and compensated D&A is fixed for the year, but allocated between the months based on distributed volumes.
*The Group’s preliminary (2021) and actual (2020) result of adjusted EBITDA is presented after the adjustments made by the management by eliminating the impact of one-off factors. These adjustments are intended to disclose the results of the Group’s operating activity without taking into consideration atypical, one-off factors or factors that have no direct relation with the current period of operations. All adjustments made by the management are disclosed in the Group’s interim and annual reports which are available at Group’s website (link).
For more information please contact:
Artūras Ketlerius
Head of Public Relations at
arturas.ketlerius@ignitis.lt
+370 620 76076
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