“Enel Russia” expects in 2016 net profit under IFRS in 0.5 billion.

MOSCOW, March 16. “Enel Russia” expects net profit in 2016 and 0.5 billion roubles against a loss in 2015, to 48.6 billion rubles under international accounting standards (IFRS). EBITDA in 2016 is 10 billion rubles as against 10.8 bn a year earlier. This is stated in the message of the company.

Starting from 2017 and beyond, the company expects positive dynamics of financial indicators and expect to turn a profit mainly due to the increase in payments for capacity and an expected gradual recovery of the economy. Net profit in 2017, according to the company estimates, will amount to 6,1 billion rubles in 2019 – 7.6 billion rubles.