European Energy A/S: Interim report H1 2024 – Financially moderate start to 2024 amid market pressure but satisfying underlying traction

Company announcement 12/2024 (30.08.2024) European Energy announces its financial report for H1 2024.Highlights:H1 2024 EBITDA : Earnings impacted by lower realized power prices and low project sales largely due to ordinary sales seasonality resulting in a H1 2024 EBITDA of EUR -2m down from EUR 49m the year before. However, the Q2 2024 last-twelve-month (LTM) EBITDA increased by EUR 15m or 16%. Maintaining 2024 financial outlook : With 1.7 GW of projects in active sales...

Søborg, 30/08/2024 (informazione.it - comunicati stampa - energia)

European Energy announces its financial report for H1 2024.

For further information, please contact Investor Relations:

investor.relations@europeanenergy.com

This announcement has been made in accordance with the market abuse regulation (regulation (EU) no. 596/2014 on market abuse).

Attachment