Elering Releases Q1 Financial Results
In the first quarter of 2017, Elering’s revenue amounted to EUR 43.2 million, operating profit to EUR 18.8 million and net profit to EUR 16.0 million. Compared to the first quarter of 2016, revenue...
Elering earned 37.8 million euros of operating profit in 2016
According to the audited annual report 2016 Elering earned 37.8 million euros of operating profit. Aside from the extraordinary income in 2015 (contractual penalty from the builder of the emergency...
In the fourth quarter of 2016, Elering’s revenue was EUR 42.1 million, operating profit EUR 13.6 million and net profit EUR 10.8 million.
Elering’s revenue decreased by EUR 0.7 million compared to the fourth quarter of 2015, mainly due to a drop in the revenue from the compensation mechanism between the EU transmission system operators...