polyczyno_poland_upper

Outlook 2017

Full-year expectations 2017

The outlook for 2017 compared to actual figures for 2016 and 2015 is presented in the table below:
 MEUR Actual 2015 Outlook 2016
Actual 2016
Restated 2016***
Oulook 2017
 
Net production (GWh)*
354  370 – 390 272
380
370 – 390
Revenue
47 47 – 49
47
53
51-53
Revenue from Associates 12  10 – 12

13

9

7-9

Total revenue
59 57 – 61

59

62

58-62

EBITDA**
29 29 – 30
30
36
33-35
EBITDA from Associates
8 8 – 9
10
8 6-8
Total EBITDA 38 37 – 39

41

43

39-43

EBITDA margin 64% 64% – 65%

69%

69%

67% – 69%

* For consistency, the above production figures are presented without Wormlage and Tiefenthal wind farms, sold in July 2015.
** Adjusted for Income from Associates.
*** Including 100% of La Castilleja PV plant.