The sales revenues of Eesti Energia Group amounted to EUR 282.6 million in the first quarter of 2019 (+23.6% year-on-year). Group EBITDA reached EUR 83.8 million (+9.1% year-on-year). The Group's net profit equalled EUR 9.5 million in the first quarter of 2019 (-76.6% year-on-year).

On 30 April 2019 Eesti Energia will publish its Q1 2019 results. Introducing the results for investors will take place on 30 April at 11:00 London time, 12:00 Frankfurt time and 13:00 Tallinn time.

The wind farms of Enefit Green, the renewable energy company of Eesti Energia, produced 122 gigawatt hours of electricity in March. This result is similar to that of a month earlier – in February, the company’s wind power production was a record-breaking 124 GWh.

Eesti Energia paid 104.8 million euros in tax in Estonia and collected and mediated 94.7 million euros to tax authority, which made the group’s tax footprint 199.5 million euros in Estonia.

The sales revenues of Eesti Energia Group amounted to EUR 875.3 million in the 2018 financial year (+16.1% compared to 2017). Consolidated EBITDA totalled EUR 283.2 million (+7.2% compared to 2017). The Group’s net profit totalled EUR 106.2 million (+5.4% compared to 2017 financial year).

Based on yesterday’s resolution of the Supervisory Council of Eesti Energia, an extension of the term of the service contract of Mr Hando Sutter, the Chairman of Eesti Energia’s Management Board, has today been signed. The extended term of the service contract is March 31, 2023.

On December 21, 2018 Eesti Energia AS’s fully owned subsidiary Enefit Green AS has signed term loan contracts in total amount of 260 million EUR. The contracts were signed on bilateral basis with SEB (200 million EUR) and Swedbank (60 million EUR). The term of the unsecured loans is 5 years, with 7 years repayment schedule. The purpose of the term loans is to refinance the existing debt of Nelja Energia, which was assumed as a result of the recent acquisition, and for general corporate purposes.