News
09.10.2015 PGNiG share price reaches another all-time high in 2015
PGNiG share price at an all-time high. On October 9th – after the opening of the day’s trading – the PGNiG share price reached its all-time high of PLN 7.03. Its previous high during a trading session was PLN 6.98, recorded on June 22nd 2015.
On October 5th 2015, PGNiG SA, with a market capitalisation of PLN 40.9bn, became the largest Polish company listed on the Warsaw Stock Exchange, surpassing the previous leader, Pekao SA.
In 2014, the PGNiG Group posted a record-high net profit, of over PLN 2.8bn, up 47% year on year. The Group’s EBITDA grew by 13%, to PLN 6.3bn, compared with PLN 5.6bn in 2013.
For that year, PGNiG paid its shareholders a record dividend of PLN 1.18bn, or PLN 0.20 per share.
In the first quarter of 2015, the PGNiG Group reported its highest ever quarterly net profit of PLN 1.2bn, up 5% year on year, mainly on the back of improved efficiency and cost reductions, including lower cost of gas procurement.
In the first half of 2015, despite declining oil prices, the PGNiG Group earned a record-high net profit of nearly PLN 1.9bn, up 23% year on year. This strong performance is mainly attributable to the Group-wide Efficiency Improvement Programme. At the same time, the Company’s debt fell to an all-time low, which is a good starting point for acquisitions planned in its strategy.
PGNiG shares have been listed on the Warsaw Stock Exchange since 2005.
Press Team PGNiG SA
