Ellomay (ELLO) has released an update.
Ellomay Capital Ltd. reports that Dorad Energy Ltd., in which it holds an indirect 9.4% stake, has published its financial results for the first half of 2024, showing unaudited revenues of NIS 659 million and an operating profit of NIS 87.5 million for the second quarter. The financials reflect seasonal variations in electricity demand and a statement by Dorad notes that recent hostilities in Israel are not expected to materially impact short-term business results. Ellomay emphasizes that these figures have been translated for shareholder convenience and will be included in its own financial results for the period.
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