GEN-I Group has recorded growth in its operations, a trend that continued in 2015, despite the adverse market conditions. In the given financial year, we recorded growth in sales revenues amounting to EUR 1.731 billion, an increase of 32.8% relative to 2014 and generated a net profit of EUR 7.028 million, an increase of 34.5% on the previous year.
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GEN-I has recorded growth in its operations over the last five years, a trend that continued in 2014, despite the adverse market conditions. We achieved growth in sales revenue, which amounted to EUR 1,352 million, and also achieved 20.7% growth in quantities of electricity sold during the business year.
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Despite the adverse conditions on regional energy markets, 2013 was characterized by GEN-I’s successful expansion to foreign markets. We generated EUR 1.28 billion in revenues and ended the business year with a net profit of EUR 9,868 thousand.
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A number of competitors vanished from the market during the year due to the adverse conditions, which further strengthened GEN-I’s position. The year in which we generated revenues of EUR 1.5 billion was highlighted by GEN-I’s entry on the Slovenian natural gas market under the Affordable Natural Gas brand and the expansion to new markets in South-East Europe.
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