Improvement in operating profitability, despite significant increases in operating expenses and mainly in energy and natural gas purchases announced for 2022 checkpoint.
In particular, earnings before interest, taxes and depreciation (EBITDA) on a regular basis amounted to 953.7 million euros, an increase of 82 million (9.4%) compared to 2021.
It is noted that EBITDA 2022 was affected by the amount of the emergency levy imposed on electricity producers for the period from October 2021 to June 2022, which was determined for PPC in the amount of 245.3 million euros after final liquidation, from the reserve for personnel compensation 50 .5 million euros, as well as from a retroactive write-off of 6.6 million euros in connection with the restoration of special benefits from the implementation of ESSE 2021-2022.
Source: Kathimerini
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