OREANDA-NEWS. May 30, 2016. Unaudited results of AB Amber Grid for the 1st quarter of 2016 prepared according to the International Financial Reporting Standards:

• Revenue for the 1st quarter of 2016 – EUR 21.3 million (the 1st quarter of 2015 – EUR 16.3 million);

• Profit before tax for the 1st quarter of 2016 – EUR 10.4 million (the 1st quarter of 2015 – EUR 5.3 million);

• Net profit for the 1st quarter of 2016 – EUR 8.8 million (the 1st quarter of 2015 – EUR 6.1 million).

EBITDA (earnings before interest, taxes, depreciation and amortisation) for the 1st quarter of 2016 amounted to EUR 14.5 million, a growth of 59% compared to the 1st quarter of 2015 (EUR 9.1 million).

AB Amber Grid releases unaudited condensed financial statements for the 1st quarter of 2016 prepared according to International financial reporting standards.