According to information, PPC is proceeding with an increase of Share Capital of 750 million euros, with the aim, according to information, of an investor entering its share capital.
PPC announced earlier the analysis of revenues and operating expenses of the Group, recording an increase in profitability for the first half of the year.
Specifically, operating profit (before interest, taxes, depreciation and amortization, EBITDA) on a recurring basis amounted to 471,5 million euros in the first half of 2021, compared to 457,3 million euros in the first half of 2020, while profits after taxes amounted to 26,9 million euros from 29,3 million euros in the first half of 2020.
During the same period, the expenditure on natural gas increased significantly by 94,4% to 218,3 million euros, compared to 112,3 million euros due to the increase in the corresponding production of electricity, as well as the price of natural gas.
Expenditure on CO2 emissions allowances also increased to EUR 296,9 million in the first half of 2021 from EUR 171,2 million in the first half of 2020, mainly due to the increase in the average price of CO2 emissions allowances from 23,3, 38,9 euros / ton to XNUMX euros / ton.
The debt reduction was also significant, which amounted to 2.895,3 million euros, reduced by 388,3 million euros compared to the end of 2020.