The first half 2023 financial report is the first of its kind published by the company since it went public. The company’s EBITDA climbed 38% year-on-year to RON5 billion, while EBITDA margin was 71% and net margin 57%, up from 55% in the first half of 2022.
“Energy production and sales in the first half of 2023 give us every reason to believe that this year will be a good year for Hidroelectrica. The company produced 10.915 TWh from the beginning of the year until 30 June – approximately 45% more than the same period of 2022,” said Bogdan Badea, chairman of the board of directors of Hidroelectrica in his message to shareholders.
(English version by Loredana Fratila-Cristescu)