Oblenergos Release 9M07 Results

Most Oblenergos have increased their EBITDA yoy due to increase of their distribution and supply tariffs over 2007. The only exceptions were two private Oblenergos (ZHEN and SMEN) where tariffs were upgraded slowly, and Zaporizhiaoblenergo (ZAON), one of the least efficient companies in the sector. 

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                               Sales, USD mln   EBITDA, USD mln       Net Income, USD mln

                                9M07      yoy   9M07     yoy    mgn  9M07     YoY    mgn

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Cherkasyoblenergo       CHEN   69.4      14%   10.08   2.48  14.5%   5.23    3.23   7.5%

Chernihivoblenergo      CHEON  61.4      16%    5.61   0.59   9.1%   1.33    1.30   2.2%

Khmelnitskoblenergo     HMON   63.6      25%    6.14   0.41   9.7%   1.37   -0.04   2.1%

Krymenergo              KREN  155.4      28%   13.01   4.36   8.4%   1.49    0.44   1.0%

Mykolaivoblenergo       MYON   79.2      33%   1.64    3.71   2.1%  -0.08    3.49  -0.1%

Poltavaoblenergo        POON  142.7      21%   19.48   2.90  13.7%   7.34    6.21   5.1%

Sevastopolenergo        SMEN   39.1      31%   5.65   -0.22  14.4%   2.68   -0.65   6.9%

Vinnitsaoblenergo       VIEN   67.9      21%   3.90    0.44   5.7%   0.89    0.47   1.3%

Volynoblenergo          VOEN   43.2      27%   2.99    0.36   6.9%   0.67    0.09   1.5%

Zakarpatoblenergo       ZOEN   55.1      23%   2.80    0.15   5.1%   0.51    0.15   0.9%

Zaporizhiaoblenergo     ZAON  408.5      23%   6.95   -6.47   1.7%   3.23    0.36   0.8%

Zhytomiroblenergo       ZHEN   74.4      19%   5.95   -3.20   8.0%  -4.22   -7.74  -5.7%

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