September 3, 2012 Management of IDGC of Centre took part in the 12th annual conference of the investment bank HSBC — Annual CEEMEA Investor Forum, which took place in London from 3 to 6 September.
During the meetings with the representatives of investment funds management IDGC of Centre announced results of operations in accordance with the published IFRS financial statements for the 1st half of 2012, the results of the investment program implementation and the program of consolidation of grid assets for the period, the prospects for economic growth in the regions of the service area of IDGC of Centre in 2012 and the dynamics of electricity consumption for the period, as well as the strategic priorities of the company.
The representatives of the investment community welcomed the results of the published statements for 1H 2012. The positive factors were noted as follows: EBITDA growth by 5.8% compared to the same period last year — the figure was 9.1 billion rubles, high indicators of return on the net profit and EBITDA, which amounted to 10.2% and 26.6% and were higher than analysts’ forecasts, as well as the positive cash flow — FCF, which amounted to about 1.7 billion rubles, and growth of productive supply by 3.7%.
Management of IDGC of Centre notes that participation in conferences of investment banks allows the company to expand its investor base, promptly inform the investment community about the company’s performance, get feedback and to build an effective IR-strategy, which ultimately has a positive effect on investment attractiveness of IDGC of Centre.
To read the presentation materials for the conference, please visit:
IR-plan of the activities of IDGC of Centre for the 2nd half 2012 is available at: