ALTEO Energiaszolgáltató Nyrt announced earnings guidance for the year ended December 31, 2017. Revenue was HUF 18,446 million, compared to HUF 13,948 million, for the same period a year ago. EBITDA was HUF 1,806 million, compared to HUF 2,314 million, for the same period a year ago. In the first half of 2017 the cold weather hurt the company's profit. Net GAAP income was HUF 921 million, compared to HUF 728 million, for the same period a year ago. Capital expenditure was HUF 4,500 million against HUF 152 million reported in the same period last year.

For the year 2018 the company expects revenue to be HUF 21,000 million. EBITDA is expected to be HUF HUF 2,100 million. Net GAAP income is expected to be HUF 1,470 million. Capital expenditure is expected to be HUF 4,500 million.

For the year 2019 the company expects revenue to be HUF 23,315 million. EBITDA is expected to be HUF 2,681 million. Net GAAP income is expected to be HUF 1,632 million. Capital expenditure is expected to be HUF 4,500 million.