Premier Energy: Electricity supplied grows 48% in H1, natural gas up 26%
- Admin
- Sep 6, 2024
- 2 min read
Premier Energy Group, a key player in the energy market in Southeast Europe, experienced significant growth in electricity and natural gas supply volumes in the first half of 2024. The company reported a 10% YoY increase in revenues, reaching EUR 512.4 million. Jose Garza, CEO, highlighted the strategic acquisitions and organic expansion that drove this growth. The Group's diversified business model led to a 21% YoY increase in normalized revenue, with a 3% rise in normalized EBITDA. Premier Energy's operational highlights include a 48% increase in electricity supplied, a 26% growth in natural gas supplied, and a 7% rise in owned renewable energy sources production. The company's financial results remained strong, with a net working capital of approximately EUR 109 million.
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