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Zespol Elektrowni Patnow Adamow Konin SA (ZEEP.WA)

ZEEP.WA on Warsaw Stock Exchange

12.60PLN
10:59am EST
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12.08zł

Latest Key Developments (Source: Significant Developments)

ZE PAK Q3 net profit down at 66.0 mln zlotys
Tuesday, 14 Nov 2017 11:17am EST 

Nov 14 (Reuters) - ZE PAK :Q3 REVENUE 635.5 MILLION ZLOTYS VERSUS 686.0 MILLION ZLOTYS YEAR AGO.Q3 NET PROFIT 66.0 MILLION ZLOTYS VERSUS 77.8 MILLION ZLOTYS YEAR AGO.Q3 OPERATING PROFIT 90.5 MILLION ZLOTYS VERSUS 92.7 MILLION ZLOTYS YEAR AGO.  Full Article

ZE PAK Q2 net profit decreases to 48.1 mln zlotys
Friday, 1 Sep 2017 01:13am EDT 

Sept 1 (Reuters) - ZESPOL ELEKTROWNI PATNOW ADAMOW KONIN SA (ZE PAK)::SAID ON THURSDAY THAT ITS Q2 REVENUE WAS 577.9 MILLION ZLOTYS VERSUS 687.5 MILLION ZLOTYS A YEAR AGO.Q2 OPERATING PROFIT 75.0 MILLION ZLOTYS VERSUS 105.0 MILLION ZLOTYS A YEAR AGO.Q2 NET PROFIT WAS 48.1 MILLION ZLOTYS VERSUS 64.5 MILLION ZLOTYS A YEAR AGO .  Full Article

ZE PAK 4 units starts liquidation proceedings
Tuesday, 1 Aug 2017 11:28am EDT 

Aug 1 (Reuters) - ZESPOL ELEKTROWNI PATNOW ADAMOW KONIN SA (ZE PAK) ::4 ITS UNITS, ENERGOINWEST SERWIS, EL PAK SERWIS, AQUAKON AND EKO-SUROWCE, STARTS LIQUIDATION PROCEEDINGS.  Full Article

ZEPAK names Wieslaw Walendziak chairman of supervisory board
Monday, 3 Jul 2017 02:33am EDT 

July 3 (Reuters) - ZESPOL ELEKTROWNI PATNOW ADAMOW KONIN SA (ZEPAK) ::SAID ON FRIDAY THAT ITS SUPERVISORY BOARD APPOINTED WIESLAW WALENDZIAK FOR POST OF CHAIRMAN OF SUPERVISORY BOARD.  Full Article

Ze Pak Q1 net profit lowers to 55.3 million zlotys YoY
Monday, 15 May 2017 12:18pm EDT 

May 15 (Reuters) - ZE PAK ::Q1 NET PROFIT 55.3 MILLION ZLOTYS VERSUS 74.0 MILLION ZLOTYS YEAR AGO.Q1 REVENUE 599.6 MILLION ZLOTYS VERSUS 680.0 MILLION ZLOTYS YEAR AGO.Q1 OPERATING PROFIT 72.3 MILLION ZLOTYS VERSUS 114.4 MILLION ZLOTYS YEAR AGO.  Full Article

ZE PAK considers sale of assets related to mine and power plant in Adamow
Wednesday, 26 Apr 2017 09:51am EDT 

April 26 (Reuters) - Zespol Elektrowni Patnow Adamow Konin SA ::As part of a review of strategic options considers sale of assets related to the mine and power plant in Adamow.The subject of the potential transaction may be PAK KWB Adamow SA and a separate part of company related with Adamow power plant.  Full Article

ZE PAK FY net result swings to profit of 247.7 mln zlotys
Wednesday, 22 Mar 2017 02:53am EDT 

Zespol Elektrowni Patnow Adamow Konin SA (ZE PAK) : Said on Tuesday that its FY revenue was 2.70 billion zlotys ($681.70 million) versus 2.95 billion zlotys a year ago . FY net profit was 247.7 million zlotys versus loss of 1.88 billion zlotys a year ago .FY operating profit was 371.4 million zlotys versus loss 1.80 billion zlotys a year ago.  Full Article

ZE PAK appoints new CEO
Monday, 6 Mar 2017 01:47am EST 

ZE PAK :Said on Friday that its current deputy CEO, Adam Klapszta, has been appointed the company's new CEO.  Full Article

ZE PAK Q3 net profit rises to 77.8 million zlotys
Monday, 14 Nov 2016 11:17am EST 

ZE PAK : Q3 revenue 686.0 million zlotys ($166.55 million) versus 747.3 million zlotys year ago . Q3 operating profit 92.7 million zlotys versus 20.2 million zlotys year ago .Q3 net profit 77.8 million zlotys versus 6.1 million zlotys year ago.  Full Article

ZE PAK suspends decision to build power block at Konin power plant
Thursday, 29 Sep 2016 02:37am EDT 

Zespol Elektrowni Patnow-Adamow-Konin SA (ZE PAK) : Said on Wednesday that the decision to build 120 MWe and 90 MWt combined-cycle power block and 40 MWt boiler at its Konin power plant will not be taken this year . Said its management board resolved that the decision to implement the project in the current circumstances would involve too many risks that would negatively impact its future financial results and the company's value . Said decision taken due to current external conditions affecting the economic efficiency of the project, uncertainty about the shape of the support system for gas cogeneration plants after 2018, relationship between gas prices, prices of CO2 emission rights and electricity prices . Said regardless of postponing the decision on combined-cycle power block, the company plans to remain a supplier of heat for the city of Konin after 2020 .The construction of combined-cycle power block at Konin power plant is still part of company's investment plan, but the necessary conditions allowing for likely positive impact on the company's value have to be fulfilled in order for the project to be implemented.  Full Article