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Key financial indicators of Rosseti under IFRS increased in Q1 2020

Revenue - an increase of 9% to 286 billion rubles. Net profit - an increase of almost 7% to 40.4 billion rubles. EBITDA - an increase of 4.5% to RUB 93.2 billion.

“The convincing results for the first quarter of 2021 are a consequence of the effective work of management to ensure the financial stability of the Rosseti Group, as well as an increase in energy consumption related to growing business and social activity. Financial stability allows us not only to fulfill our obligations for reliable and high-quality electricity supply to customers, but also to continue the development of new services, as well as generally improve the customer experience, ”said Pavel Grebtsov, Deputy General Director for Economics and Finance.

Also, Rosseti FSK UES (FSK UES PJSC), which manages the UNPG, reported today:

Revenue - 62 billion rubles (+ 5.6%).

Adj. EBITDA and net income at a comparable level to the same period in 2020: 36.5 and 19.6 billion rubles.