The consolidated revenues of Energetick\u00fd a pr\u016fmyslov\u00fd holding, a.s. (EPH) for 2014 amount to EUR 3.665 billion, which, converted to the Czech crown, is just over the CZK 100 billion threshold. Compared with last year, this is up by EUR 477 million (approximately CZK 13.1 billion).<\/p>\n
Earnings before interest, taxes, depreciation, amortisation and negative goodwill (EBITDA), a key ratio, reached some EUR 1.394 billion (approximately CZK 38.4 billion), confirming EPH\u2019s position as one of the Czech Republic\u2019s three largest firms. The EBITDA has grown by nearly EUR 200 million yoy. The value of EPH assets dropped yoy (from EUR 12.4 billion in 2013 to EUR 10.3 billion by the end of 2014) due to the sale of EPH\u2019s stake in the gas trader SPP, a.s. On the contrary, consolidated free cash flows from operating activities (FCF before changes in debt, interest payments and payments to shareholders) increased by EUR 285 million yoy.<\/p>\n
\u201cOur 2014 results confirm that EPH\u2019s financial health is solid and that our development strategy followed over the past five years, in which we focused on growth in regulated and contract activities, was the right choice to make. Today, these generate the vast majority of EPH\u2019s operating profit. That is why, indeed, unlike other energy utilities, we felt a minimal impact of the global drop in the prices of commodities, including electric energy\u201d, said Daniel K\u0159et\u00ednsk\u00fd, Chairman of the Board of EPH. \u201cOur long-term assessments and the situation on the European energy market confirm our conviction that this is in fact the right time to boost our presence in power generation in conventional plants. However, our approach will be selective and we are looking at some countries only\u201d, Mr K\u0159et\u00ednsk\u00fd added.<\/p>\n","protected":false},"excerpt":{"rendered":"
The consolidated revenues of Energetick\u00fd a pr\u016fmyslov\u00fd holding, a.s. (EPH) for 2014 amount to EUR 3.665 billion, which, converted to the Czech crown, is just over the CZK 100 billion threshold. Compared with last year, this is up by EUR 477 million (approximately CZK 13.1 billion). Earnings before interest, taxes, depreciation, amortisation and negative goodwill (EBITDA), a key ratio, reached some EUR 1.394 billion […]<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"tax-year":[16],"acf":[],"wpml_current_locale":"en_US","wpml_translations":[{"locale":"cs_CZ","id":12338,"post_title":"Hospod\u00e1\u0159sk\u00e9 v\u00fdsledky EPH za rok 2014","href":"https:\/\/eph23.atelierzidlicky.eu\/hospodarske-vysledky-eph-za-rok-2014\/"}],"_links":{"self":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases\/12339"}],"collection":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases"}],"about":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/types\/press-releases"}],"wp:attachment":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/media?parent=12339"}],"wp:term":[{"taxonomy":"tax-year","embeddable":true,"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/tax-year?post=12339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}