The review of the Group’s performance in the 1st half of 2020 revealed that, with the increasing stable generation and productivity levels of Çan-2 Thermal Power Plant, notwithstanding the limited negative impact of the pandemic on spot electricity prices and mining operations, the consolidated EBITDA of the group grew by 250% compared to the first quarter of the year, and by 54.5% compared to the first half of the previous year, reaching to TRY 152.2 million.
As of the end of the period on 30.06.2020, the group’s Net Financial Debt/EBITDA multiple fell from 12.1 (x) to 7(x) compared against the applicable figure for the comparable period of the previous year
Kindly announced to the public
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
