Consensus

The following consensus forecast of the PGNiG Group’s consolidated results was prepared by PGNiG S.A.’s Investor Relations Team, on the basis of data received from equity analysts actively covering the Company. It is for information purposes only and reflects the expectations of brokerage firms’ analysts regarding the Group’s potential financial results based on their individual interpretations of available market data and estimated operating highlights published by PGNiG S.A. via Current Reports.

PGNiG is not responsible for the investment decisions based on these informations.

The Q3 2017 consensus was prepared on the basis of data received by October 25th 2017, taking into account the forecasts of analysts representing six institutions.

in PLN bn Q3 2017 Consensus
median
PGNiG Q3 2017 reported results Difference
Sales revenues 6.21 6.08 2%
Group's EBITDA 1.12 1.08 4%
 - Exploration & Production 0.80 0.80 0%
 - Trade & Storage -0.25 -0.28 12%
 - Distribution 0.57 0.58 2%
 - Generation 0.04 0.02 50%
 - Other -0.05 -0.04 20%

 

The Q2 2017 consensus was prepared on the basis of data received by July 26th 2017, taking into account the forecasts of analysts representing six institutions.

in PLN bn Q2 2017 Consensus
median
PGNiG Q2 2017 reported results Difference
Sales revenues 7.08 7.17 1%
Group's EBITDA 1.53 1.41 8%
 - Exploration & Production 0.89 0.86 3%
 - Trade & Storage -0.03 -0.27 8x
 - Distribution 0.68 0.69 2%
 - Generation 0.12 0.17 42%
 - Other -0.06 -0.05 17%

 

The Q1 2017 consensus was prepared on the basis of data received by May 8th 2017 taking into account the forecasts of analysts representing six institutions.

in PLN bn Q1 2017 Consensus
median*
PGNiG Q1 2017 reported results Difference
Sales revenues 12.17 11.65 4%
Group's EBITDA 2.63 2.77 5%
 - Exploration and Production - 1.38 n/a
 - Trade and Storage - 0.36 n/a
 - Distribution - 0.69 n/a
 - Generation - 0.41 n/a
 - Other - -0.07 n/a

* Due to changes in reporting introduced by the Company in Q1 2017, the consensus does not include segments' EBITDA