Investegate |EN+ Group Intnl PJSC Announcements | EN+ Group Intnl PJSC: EN+ GROUP ANNOUNCES 4Q AND FY 2020 TRADING UPDATE
EN+ GROUP ANNOUNCES 4Q AND FY 2020 TRADING UPDATE The rapid spread of the COVID-19 virus from early 2020 led to a decline in business activity and a rapid deterioration of commodity markets, marked by considerable bouts of volatility. The second half of 2020 saw our end markets stabilise, and then show signs of recovery in 4Q 2020. Despite these challenges, En+ continued to move forward with confidence and maintained stable operating performance both in its Metals and Power segments. Aluminium production remained at the same level as 2019, while power generation delivered year on ...