DM BZ WBK recommends "Sell" Enea's shares

Enea and PKO TFI will jointly invest in green energy

The largest the retail market investment fund company and the second-largest player in the power generation market in Poland intend to jointly invest in renewable energy sources. The presidents of PKO TFI and Enea S.A. have signed a letter of intent to cooperate on RES development in Poland. ...

The Enea Group discloses its performance after the first three quarters of 2022

While operating in a volatile and challenging market environment, after the first three quarters of 2022, the Enea Group generated almost PLN 2.3 billion in EBITDA (down by nearly 18% y/y). In the reporting period, the Group’s net profit shrank by over 32.5% y/y to PLN 906.8 million. ...

Financial and operating results of the Enea Group in H1 2022 – steady transformation of the Group in a challenging environment

In H1 2022, the Enea Group generated PLN 14.7 billion in revenue from sales and PLN 861 million in net profit – all that in a rapidly changing and tough environment caused by Russia’s aggression against Ukraine and Europe’s unstable energy market. ...