Ellomay Capital Reports Publication of Financial Statements

From GlobeNewswire: 2025-05-30 06:45:00

Ellomay Capital Ltd. reported the publication of Dorad Energy Ltd.’s financial statements for the three months ended March 31, 2025. Dorad’s revenues were approximately NIS 610.6 million, with an operating profit of about NIS 76.9 million. The demand for electricity by Dorad’s customers is seasonal and influenced by climate conditions. The financial results, including the winter months of January and February and the intermediate month of March, are not indicative of full-year results. Dorad’s financial highlights were translated to English for the convenience of Ellomay’s shareholders. The financial results for Dorad for the year ended December 31, 2024, and the three-month periods ended March 31, 2025, and 2024 were also included in the press release. Ellomay focuses on renewable energy and power sectors in Europe, the USA, and Israel. The company has invested in various solar power plants, anaerobic digestion projects, and hydro power plants. For more information about Ellomay, visit their website.

Dorad Energy Ltd. reported revenues of approximately NIS 610.6 million for the three months ended March 31, 2025, with an operating profit of around NIS 76.9 million. The company’s financial statements were prepared in accordance with International Financial Reporting Standards. The demand for electricity by Dorad’s customers is seasonal and influenced by climate conditions, with higher consumption during winter and summer seasons. Dorad’s financial results were not indicative of full-year results due to various factors. The company also provided a convenience translation of its financial results in English for shareholders’ access. Dorad’s financial position, profit or loss, changes in shareholders’ equity, and cash flows were detailed in the press release.



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