With only a few days left of the year, European Energy upgrades its full-year guidance from a pre-tax result of EUR 50m to EUR 60m – based on unchanged gross earnings before interest, taxes, depreciations and amortizations of EUR 80m.
The move is attributable to recent months of dramatically increasing power prices in Denmark as well as most other markets where European Energy is active. That applies not only to premia made off electricity sales, of which the company also wants more. Some value is also tied to the group's asset values in its established role as project developer and divestor.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for EnergyWatch has now started
With your free trial you get:
Full access to all locked articles on EnergyWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.