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PGE Polska Grupa Energetyczna SA (PGE.WA)

PGE.WA on Warsaw Stock Exchange

12.07PLN
11:13am GMT
Change (% chg)

0.36zł (+3.07%)
Prev Close
11.71zł
Open
11.81zł
Day's High
12.07zł
Day's Low
11.64zł
Volume
459,097
Avg. Vol
2,076,355
52-wk High
13.49zł
52-wk Low
8.41zł

Latest Key Developments (Source: Significant Developments)

Poland's PGE To Buy Coal From PGG For 5.25 Bln Zlotys In 2019-22
Tuesday, 20 Nov 2018 

Nov 21 (Reuters) - PGE Polska Grupa Energetyczna SA ::SAID ON TUESDAY THAT IT HAS SIGNED A COAL SUPPLY AGREEMENT WITH POLSKA GRUPA GORNICZA SA (PGG) FOR 2019-2022.ESTIMATED VALUE OF SUPPLIES IS 5.25 BILLION ZLOTYS.  Full Article

PGE H1 Net Profit At 1.28 Bln Zlotys, In Line With Estimates
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - PGE POLSKA GRUPA ENERGETYCZNA SA ::H1 NET PROFIT AT 1.28 BILLION ZLOTYS VERSUS 1.50 BILLION ZLOTYS YEAR AGO AND IN LINE WITH THE COMPANY'S EARLIER ESTIMATES nFWN1US10U.H1 REVENUE 12.87 BILLION ZLOTYS VERSUS 10.62 BILLION ZLOTYS YEAR AGO.H1 EBITDA, AS PREVIOUSLY REPORTED, AT 3.68 BILLION ZLOTYS.  Full Article

PGE Raises H1 Net Profit Estimation To 1.28 Bln Zlotys
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - PGE Polska Grupa Energetyczna SA ::SAYS H1 PRELIM EBITDA IS HIGHER BY 98 MILLION ZLOTYS COMPARED TO PREVIOUS ESTIMATIONS.SEES H1 PRELIM EBITDA AT ABOUT 3.68 BILLION ZLOTYS.SEES H1 PRELIM NET PROFIT IS HIGHER BY 79 MILLION ZLOTYS VERSUS PREVIOUS ESTIMATIONS.SEES H1 PRELIM NET PROFIT AT 1.28 BILLION ZLOTYS.ESTIMATED NET DEBT AT JUNE 30 OF ABOUT 8.21 BILLION ZLOTYS.  Full Article

Rafako Signs 181.6 Million Zlotys Net Deal With PGE
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Rafako SA ::SIGNS 181.6 MILLION ZLOTYS NET DEAL WITH PGE GÓRNICTWO I ENERGETYKA KONWENCJONALNA FOR FLUE GAS DESULFURIZATION INSTALLATION AT FOUR POWER BLOCKS AT BEŁCHATÓW POWER PLANT.  Full Article

PGE Prelim H1 Net Profit At 1.20 Bln Zlotys
Thursday, 26 Jul 2018 

July 26 (Reuters) - PGE POLSKA GRUPA ENERGETYCZNA SA ::PRELIM H1 NET ELECTRICITY PRODUCTION AT 32.9 TWH.PRELIM H1 ELECTICITY DISTRIBUTION VOLUME AT 18.0 TWH.PRELIM H1 ELECTRICITY SALES AT 20.7 TWH.PRELIM H1 NET PROFIT AT 1.20 BILLION ZLOTYS.PRELIM H1 EBITDA AT ABOUT 3.58 BILLION ZLOTYS.PRELIM H1 INVESTMENT EXPENDITURE 2.25 BILLION ZLOTYS.PRELIM H1 NET DEBT 8.21 BILLION ZLOTYS.  Full Article

Rafako 182 Mln Zloty Offer Chosen In Tender By PGE
Wednesday, 11 Jul 2018 

July 12 (Reuters) - RAFAKO :SAID ON WEDNESDAY THAT ITS 181.6 MLN ZLOTY NET OFFER HAS BEEN CHOSEN IN A TENDER AS MOST FAVOURABLE BY PGE <<>>.THE OFFER IS FOR THE MODERNISATION OF FLUE GAS DESULFURIZATION INSTALLATIONS IN BELCHATOW POWER PLANT BLOCKS.  Full Article

Tender Offer Price Does Not Reflect Fair Value Of Polenergia - Management
Thursday, 5 Jul 2018 

July 6 (Reuters) - POLENERGIA SA ::MANAGEMENT SAID ON THURSDAY THAT TENDER OFFER PRICE OF 16.29 ZLOTY PER SHARE DOES NOT REFLECT FAIR VALUE OF COMPANY.CO SAID IN A STATEMENT THAT CHANGING STRATEGIC INVESTOR DOES NOT NECESSARILY COINCIDE WITH THE COMPANY'S INTEREST.PGE <<>> ANNOUNCED TENDER OFFER FOR POLENERGIA SHARES IN MAY nW8N1QX00F.  Full Article

Poland's PGE to invest 6.9 bln zloty in heating segment in 2018-2023
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - PGE Polska Grupa Energetyczna SA ::Poland's biggest energy group PGE on Wednesday presents its strategy for newly-acquired heating assets.PGE says it will spend 6.9 billion zloty ($1.93 billion) on investments in its heating segment in 2018-2023.PGE also says it expects the strategy for its heating segment will earn additional EBITDA of 250 million zloty in 2023 and 1 billion zloty per year starting from 2030.PGE entered the district heating market by taking over eight combined heat and power plants in Polish biggest agglomerations from France's EDF <<>> earlier this year for 4.27 billion zlotys nL8N1MG1CZ.Thanks to the acquisition PGE has become the biggest supplier of district heating in Poland, with a 15 percent market share..  Full Article

Poland plans to put Innogy power distributor on protected list

WARSAW, Sept 24 Poland's energy ministry plans to add German-owned Innogy Stoen Operator, an electric power distributor, to a list of assets deemed important for the country's energy security which prevents them being sold without Warsaw's consent.