Hidroelectrica expects lower profits after last year's record EUR 1.2 bln

From a record of RON 6 billion (EUR 1.2 billion, +35% y/y) in 2023 achieved thanks to a record electricity output, Hidroelectrica expects its net profit to decrease to more normal levels in the coming years: RON 4.83 billion in 2024, RON 4.78 billion in 2025, and RON 4.65 billion (EUR 0.9 billion) in 2026, according to documents prepared by the company's management to the shareholders invited for a meeting on February 28.   The company expects to sell ...

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