{"id":26548,"date":"2020-10-15T08:09:49","date_gmt":"2020-10-15T07:09:49","guid":{"rendered":"https:\/\/eph23.atelierzidlicky.eu\/?post_type=press-releases&#038;p=26548"},"modified":"2020-10-15T08:09:49","modified_gmt":"2020-10-15T07:09:49","slug":"eph-confirms-its-strong-performance-despite-the-coronavirus-pandemic","status":"publish","type":"press-releases","link":"https:\/\/eph23.atelierzidlicky.eu\/en\/press-releases\/eph-confirms-its-strong-performance-despite-the-coronavirus-pandemic\/","title":{"rendered":"EPH confirms its&nbsp;strong performance despite the&nbsp;coronavirus pandemic"},"content":{"rendered":"<ul>\n<li>Consolidated sales of&nbsp;the&nbsp;group\u00a0increased\u00a0in the&nbsp;12-month period ending June 30<sup>th<\/sup>, 2020 to 8.9 billion EUR&nbsp;(compared to 8.6 billion in&nbsp;2019)\u00a0<br \/>\n\u00a0<\/li>\n<li>During the&nbsp;same period, Adjusted EBITDA\u00a0nearly\u00a0reached exceptional level achieved in&nbsp;2019, i.e. 2.1 billion EUR<\/li>\n<\/ul>\n<p>Energetick\u00fd\u00a0a\u00a0pr\u016fmyslov\u00fd\u00a0holding,\u00a0a.s.\u00a0(\u201cEPH\u201d) achieved very good\u00a0economic results in&nbsp;the&nbsp;first half\u00a0of this year, despite the&nbsp;global crisis caused by the&nbsp;coronavirus pandemic. The&nbsp;global\u00a0decline\u00a0in economic activity has adversely affected\u00a0commodity demand and&nbsp;prices. The&nbsp;economic slowdown has had only\u00a0a very limited impact on the&nbsp;EPH group, mainly due to a&nbsp;high share of&nbsp;regulated and&nbsp;long-term contracted assets,\u00a0such as gas transmission, distribution and&nbsp;storage,\u00a0 power distribution, heat infrastructure\u00a0or the&nbsp;power generation from renewable sources such as biomass.\u00a0<\/p>\n<p>EPH Group\u00a0thus\u00a0continuously\u00a0proves\u00a0the resilient\u00a0character\u00a0of its&nbsp;business model\u00a0supported\u00a0by excellent cash conversion, tight control over counterparty credit risk, availability of&nbsp;sufficient level of&nbsp;committed\u00a0credit\u00a0lines\u00a0and liquidity.\u00a0<\/p>\n<p>Guaranteeing\u00a0the health and&nbsp;safety\u00a0of our employees\u00a0and safeguarding the&nbsp;continuity of&nbsp;the&nbsp;essential energy security\u00a0service in&nbsp;the&nbsp;countries where we operate\u00a0remains our key priority\u00a0in the&nbsp;environment of&nbsp;continuing coronavirus\u00a0pandemic.\u00a0<\/p>\n<p>For more information, including\u00a0definitions of&nbsp;terms (e.g. Adjusted EBITDA),\u00a0see the&nbsp;presentation available\u00a0<a href=\"https:\/\/eph23.atelierzidlicky.eu\/wp-content\/uploads\/eph-preze_eph_october_2020_presentation-eng-final-2.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.\u00a0<\/p>\n<p>Preliminary Consolidated Financial Information\u00a0for\u00a0the 1st half of&nbsp;2020 is available\u00a0<a href=\"https:\/\/eph23.atelierzidlicky.eu\/wp-content\/uploads\/fs_eph_06-2020_eur_final-5.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consolidated sales of&nbsp;the&nbsp;group\u00a0increased\u00a0in the&nbsp;12-month period ending June 30th, 2020 to 8.9 billion EUR&nbsp;(compared to 8.6 billion in&nbsp;2019)\u00a0 \u00a0 During the&nbsp;same period, Adjusted EBITDA\u00a0nearly\u00a0reached exceptional level achieved in&nbsp;2019, i.e. 2.1 billion EUR&nbsp;Energetick\u00fd\u00a0a\u00a0pr\u016fmyslov\u00fd\u00a0holding,\u00a0a.s.\u00a0(\u201cEPH\u201d) achieved very good\u00a0economic results in&nbsp;the&nbsp;first half\u00a0of this year, despite the&nbsp;global crisis caused by the&nbsp;coronavirus pandemic. The&nbsp;global\u00a0decline\u00a0in economic activity has adversely affected\u00a0commodity demand and&nbsp;prices. [&hellip;]<\/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":[90],"acf":[],"wpml_current_locale":"en_US","wpml_translations":[{"locale":"cs_CZ","id":26545,"post_title":"EPH potvrzuje vysokou v\u00fdkonnost i v dob\u011b pandemie koronaviru","href":"https:\/\/eph23.atelierzidlicky.eu\/eph-potvrzuje-vysokou-vykonnost-i-v-dobe-pandemie-koronaviru\/"}],"_links":{"self":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases\/26548"}],"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=26548"}],"wp:term":[{"taxonomy":"tax-year","embeddable":true,"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/tax-year?post=26548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}