Global Leader in Hydro Power and Aluminium
Power Segment EBITDA Analysis
Power segment EBITDA in 2019
(USD mn)
EBITDA margin (%)
2019 adj. EBITDA bridge build-up
(USD mn)
Ent
GROUP
86
9
13
na
38
45
1,174
66
38
1,127
64
1,127
978
(37)
(51)
(23)
HPPS
CHPS
Coal
Power segment EBITDA in 2018
(USD mn)
85
88
981
HPPS
Other and
interco
Total
Adj. EBITDA
2018
FX
Spot prices
HPP
generation
Others
Adj. EBITDA
2019
O EBITDA margin (%)
7
17
17
na
37
54
77
59
1,174
57
CHPS
Coal
Other and
interco
Total
Note: The calculations are for illustrative purposes only and based on management accounts.
En+ Group overview
Investment highlights
The Power segment's Adjusted EBITDA in 2019 decreased to
USD 1,127 million (down 4.0% y-o-y), decline was driven by a
decrease in average electricity spot prices and rouble depreciation,
which was partially offset by the increase in electricity generation
volumes:
-
Foreign exchange rates: in 2019, the average for the period
RUB/USD exchange rate increased by 3.2% to 64.74 compared to
62.71 in 2018.
HPP generation: the Group's HPPs increased electricity generation
volumes to 64.2 TWh (up 10.1% y-o-y) in 2019.
Sustainable business
Results snapshot
development
Power segment
Metals segment
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