EnergyWatch

Neas Energy boosts revenue, but EBIT barely budges

Neas Energy succeeded in lifting both revenue and profit significantly, while EBIT barely moved.

Centrica-owned utility Neas Energy has booked a boost on both top and bottom lines. However, report figures show that EBIT seems to have barely shifted.

In 2017, Neas Energy managed to inncrease revenue by 74 percent to DKK 31.17 billion (EUR 426 million) from DKK 18.51 billion. Profit on the bottom line has grown to DKK 208.6 million from DKK 122.5 million, an increase of 70 percent.

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