Illustrative normalized net profit – an indicator Premier Energy arrives at by cleaning the result by IFRS of one-off items, such as tariff deviations, acquisition-related gains or  extraordinary market effects, went up 16% to EUR28.5 million.

Net profit under IFRS shrank by 53% to EUR13.1 million. On a reported IFRS basis, revenue amounted to EUR519 million, a 7% increase year-on-year, while adjusted EBITDA reached EUR34.8 million.

(English version by Loredana Fratila-Cristescu)