In the first quarter of 2015 years PKN Orlen has achieved a net profit of 868 million zł, and operating profit before depreciation and amortization at 1 billion 662 million. The company also does not exclude the purchase of new filling stations in Germany and the resignation of the fertilizer segment in Anwil Wloclawek.
As the company said, good results in the first quarter resulted from both the macroeconomic environment (downstream margin growth, low oil prices) and greater efficiency and increased sales volumes. At the same time continued development energy projects in Wloclawek and Plock in the area of industrial cogeneration. In the first quarter Orlen debt decreased by 0.6 billion and operating profit higher LIFO EBITDA of 0.9 billion compared to the same period last year. The increase in sales in all segments totaled 9 percent annual relationships.In the retail segment PKN Orlen in the first quarter of 2015 years of retail sales volumes increased by 4 percent, while noting the increase in market share in Polish and Czech. Increasing sales quantitative improvement was reinforced fuel margins on the German and Czech, and an increase in non-fuel margins in all markets. PKN also developed a network of non-fuel sales, which at the end of the first quarter of 2015 there were a total of 1277 points Stop Cafe and Stop Cafe Bistro in Poland.
The Group Wloclawek implementing a project to build a gas steam power plant with a capacity of 463 MWe, where the first quarter. 2015. Installation works were all auxiliary systems, electrical and automation and made gas and power connections. Test run of the turbine in Wloclawek is planned for the second half of the year, and the sale of energy will begin in late 2015 and 2016 years. In Plock, in turn, created a block of 596 MWe power and run the power plant is planned for the end of 2017 year.
In view of the well-being of the company, the board of PKN recommends payment of a dividend to shareholders in the amount of PLN 1.65 per share .
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