PJSC Mosenergo: Releases 2019FY IFRS Results

EquityStory.RS, LLC-Ad-hoc: PJSC Mosenergo / Key word(s): Annual Results PJSC Mosenergo: Releases 2019FY IFRS Results 06-March-2020 / 09:35 CET/CEST Correction of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.     RELEASE   March6, 2020 Moscow   Mosenergo Releases2019FYIFRS Results Mosenergo releasesauditedconsolidatedfinancial statements (prepared in accordance with IFRS) for the 12months ended December 31, 2019.   Consolidated Statement of Comprehensive IncomeKey Figures, (mn RUR) 2018 2019 Change Revenue 198,870 189,777 -4.6% Operating Costs (172,437) (179,290) +4.0% EBITDA(1) 41,085 21,972 -46.5% DepreciationandAmortization (15,177) (15,359) +1.2% OperatingProfit 25,908 6,613 -74.5% Profit for the Period 21,405 9,599 -55.2% (1) Calculated as "Operating Profit + Depreciation and Amortization"   Mosenergorevenue for 2019FY decreasedby 4.6% year-on-year,down to RUR 189,777 mn. The reason for the decline was lower revenue from capacity sales (-24.7%) on the back of capacity supply agreements expiry for three units, as well as lower revenue from heat sales (-5.3%), resulting from warmer weather in 2019heating season. The revenue decrease was partly counterweighted by electricity output growing by 3.1%. Operating costs increased4.0%, up to RUR 179,290mn. EBITDAamounted to RUR 21,972mn (-46.5% year-on-year). Mosenergo IFRS profit for 2019FYdecreasedby 55.2%, downto RUR 9,599 mn.   MOSENERGOPRDEPARTMENT Tel.: Fax: ?-mail: Website: (495) 957-1-957, ext. 2282, 2290  [phone] [e-mail] http://www.mosenergo.ru     06-March-2020 CET/CEST The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	PJSC Mosenergo
	Vernadskogo prospect, 101 bld. 3
	119526 Moscow
	Russia
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.mosenergo.ru
ISIN:	US0373763087, RU0008958863
WKN:	899416
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart; London, Moscow
EQS News ID:	991335

End of Announcement	EquityStory.RS, LLC News Service

991335  06-March-2020 CET/CEST