DM mBank increases recommendation for Enea to "Hold"

The ENEA Group improved its EBITDA result in three of four key business segments. The Group’s EBITDA improved by 50% year-on-year, reaching PLN 3.47 billion. The net profit, which amounted to nearly PLN 1.97 billion, also improved. ...

In its latest ESG Report, published at the end of May, the Enea Group provided an account of its key sustainability-related developments and activities in 2023. The document features an overview of the enterprise’s endeavors aimed at minimizing its adverse environmental impact along with a compilation of non-financial data describing relevant environmental, social and governance activities. ...

The Enea Group’s results in the first three months of 2024 confirm Enea’s stable market position despite the extensive volatility and changes transpiring in the environment. The Group improved its EBITDA result y/y in three of four key business segments. ...