EP ENERGY GROUP RESULTS FOR 2015
In 2015 pro forma consolidated sales reached EUR 2,109 million, consolidated pro forma adjusted EBITDA was EUR 347 million. IFRS consolidated EBITDA totaled EUR 331 million, which is by 17% higher than in 2014.
The results of the Mining segment, including the Buschhaus and Schkopau power plants were not included in the Group’s EBITDA, as the respective assets were in 2016 transferred directly under the management of the parent company Energetický a průmyslový holding and were reported as discontinued operations for both 2015 and 2014 (for comparative purposes).
In December 2015, EP Energy expanded its heat industry activities to Hungary, acquiring more than 95% of the shares of Budapesti Erömü, operating heating plants covering approx. 60% of the heat consumption of Budapest.
For complete performance details refer to report published at: