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TGK-2 OAO Issues FY 2013 Revenue Guidance and FY 2013-2019 EBITDA Guidance-Interfax


Tuesday, 3 Sep 2013 01:43am EDT 

Interfax reported that TGK-2 OAO (TGK-2) expects its EBITDA to Russian Accounting Standards to fall 12% year-on-year to RUB 3.3 billion for the fiscal year 2013, the Company said in a presentation for the restructuring of one of its bond issues. Also, TGK-2 expects revenue to grow 6.6% to RUB 30.5 billion for the fiscal year 2013. Net power generation is forecast to grow 6.3% to 8.4 billion kWh, while net heat production is expected to fall 2.1% to 13.6 million Gcal. However, the Company expects its EBITDA to grow to RUB 4.1 billion for the fiscal year 2014 and remain at approximately RUB 4 billion-4.1 billion until fiscal year 2019. 

Company Quote

9.45E-4
2.0E-6 +0.21%
24 Jul 2014