Romanian electricity distributor Electrica ups consolidated net profit by 59%
State-owned energy distribution group Electrica posted last year a consolidated net profit of EUR 90.6 million, up 59% over 2013. This excludes the transferred minority stakes. The operating profit in 2014 amounted to EUR 112.2 million, up…
Romania Insider · Journalist
· Updated · 1 min read
State-owned energy distribution group Electrica posted last year a consolidated net profit of EUR 90.6 million, up 59% over 2013. This excludes the transferred minority stakes. The operating profit in 2014 amounted to EUR 112.2 million, up 44% compared to 2013. Revenues totaled last year EUR 1.1 billion, down 5% over the previous year. Electrica reduced its operating expenses by 9%, up to EUR 1 million. The Electrica Board of Directors proposed the distribution of gross dividends with RON 0.7217 per share. editor@romania-insider.com
