News | Protergia

News

26
November
2014
Financial Results for the Nine Month period of 2014
Remarkable Growth of Operational Profitability and Net Profits For the nine month period of 2014 MYTILINEOS Group posted a consolidated turnover of €927.6 million against €1,051.2 million for the same period in 2013, a decrease attributed exclusively to the regulatory changes of the power market operation. The improved performance of the Group's Metallurgy and EPC sectors drove earnings before interest, tax, depreciation and amortisation (EBITDA) up by 12% to €184.1 million, from €164.5 million for the first nine months of 2013. Similarly, net profits after tax and minority rose to €44.9 million, up from €24.8 million of profits (or –for comparison purposes– €2.7 million of losses, after deduction of the extraordinary income from the PPC-Aluminium Arbitration) for the same period in the previous year. Download file
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6
August
2014
Financial Results for the First Semester of 2014
Increased Profitability and Strong Cashflows For the 1st Semester of 2014, MYTILINEOS Group posted increased profitability, strong cashflows and a rapid decline of net debt to €345.9 million, down from €509.7 million at the end of 2013. In particular, the Group’s consolidated turnover for the 1st semester of 2014 stood at €653.0 million against €730.8 million in the first semester of 2013. The improved performance of the Metallurgy and EPC sectors drove earnings before interest, tax, depreciation and amortisation (EBITDA) up 12% to €120.3 million, up from €107.7 million for the same period in 2013. Similarly, net profit after tax and minority rights stood at €24.1 million, up 71% from €14.1 million in the previous year. Download file
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21
May
2014
Financial Results for the 1st Quarter of 2014
Strong Performance set to Drive Further Expansion Abroad and Growth for MYTILINEOS Group In particular, in the first quarter of 2014 the Group’s turnover was comparable to that for the same period in 2013 and stood at €343.3 million against €358.0 million in the previous year. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by around 28% and stood at €67.7 million, from €52.9 million for the first quarter in 2013, with net profit after tax and minority rights standing at €15.2 million, up 36.5% from €11.1 million for the previous year. Download file
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29
April
2014
Protergia gives power to your needs
Protergia, a wholly-owned subsidiary of MYTILINEOS Group, announces its entry in the electricity retail market with a view to supplying electricity to businesses, professionals and households, meeting the customers’ needs for competitive prices and modern, reliable services.With a philosophy incorporating truly competitive charges, clear and unambiguous billing, monthly bills and customer rewards, Protergia makes a daily reality of its message “We give power to your needs”. Interested consumers may visit the company’s website at  www.protergia.gr or call Protergia Customer Support at 18311 in order to obtain information about the products that best meet their needs, fill out and submit the relevant application forms and have all of their questions answered. Protergia is the largest independent electricity producer in Greece. The company’s portfolio of energy assets exceeds 1,200 MW of installed capacity, corresponding to more than 10% of the country’s total electricity production. As an electricity producer established through private investments in high-tech power plants, Protergia has an in-depth knowledge of the electricity market and is constantly carrying out environment-friendly investments, contributing to employment and the national economy. Download file
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26
March
2014
2013 Full-Year Financial Results
Strong performance driven by international expansion, operational profitability and liquidity In particular, MYTILINEOS Group in 2013 posted a consolidated turnover of €1,403 million, against €1,454 million in 2012. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by approximately 35% and stood at €231.9 million, up from €171.2 million in 2012, the first year during which the Group’s entire portfolio of energy assets was in full operation. Net profit after tax and minority rights stood at €22.5 million, against €19.1 million for the previous year. Download file
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20
November
2013
Financial Results for the First Nine Months of 2013
The Group improves its competitiveness and expands in international markets For the first nine months of 2013 the Group posted a consolidated turnover of €1,051 million against €1,095 million for the same period in 2012. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the period reported stood at €183.7 million, up 61% from 114.3 million for the same period in 2012. Net profits after tax and minority rights stood at €22.5 million, up 131% from €9.7 million from 2012. Download file
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