On Tuesday, September 9, the PGE Management Board should publish a financial report of the company summarizing the first half of the year. A few days earlier, on Friday, September 5, public opinion has the opportunity to read the initial, selected financial data for the second quarter.
“A repetitive consolidated operational result increased by cushioning and updating write -offs (repetitive eBitda) in the second quarter of 2025 amounted to approximately PLN 3.27 billion” – we read in the PGE message.
The state energy giant indicated that these results were influenced by one -off events, increasing the reported result of EBITDA by a total of about PLN 67 million.
How is the net result? It is much worse. Instead of profit there is a loss. “The consolidated net result of the shareholders of the dominant unit for the second quarter of 2025 amounted to about -9.61 billion (loss)” – we read.
See also: A gigantic loss of the state colossus. We have a Company's commentary [TYLKO U NAS]
PGE loss. Copies on coal
It is worth emphasizing that the net result was reduced by about PLN 11.6 billion by two important events that the management is mentioned. These include:
- Tests for the loss of values of material fixed assets at the level of the PGE capital group – copies of fixed assets (non -cash event) of the carbon energy segment in the amount of approximately PLN 8.7 billion and the renewable energy segment of around PLN 0.4 billion were made (non
- Reducing the value of assets for a deferred tax (non -cash event) of the segment of the coal energy segment in the amount of approximately PLN 2.5 billion
See also: PGE partner in trouble. The company's shares record a large decrease
PGE notes large losses at the net level, but this does not interfere with the development of the group, which is attended by great money. Investment outlays in the second quarter of 2025 amounted to approximately PLN 3.20 billion.
