€M | 2014 | 2015 |
Remuneration | 153.4 | 140 |
Other revenues | 27.4 | 26.1 |
EBITDA | 149.2 | 135.7 |
EBIT | 114.7 | 102 |
Net profit | 10.3 | 47.6 |
During the 2015 financial year, MRG obtained a net profit of 47.6 million euros, an increase of 64.4% with respect to the profit figure of the previous financial year. In this financial year, unlike reported in the previous year due to the refinancing of the company’s bank debt, no significant non-recurring expenses have been incurred.
The expansion of the distribution network in order to increase the penetration of natural gas as a source of energy, continues to be a basic pillar of the company’s strategy. During the 2015 financial year, the connection of new customers to the distribution network and the construction of three liquefied natural gas plants has consolidated the growth pattern developed over the last few years.
In this regard, and with the aim of providing service to new municipalities in the Community of Madrid, MRG has commissioned three satellite liquefied natural gas plants, in Guadalix de la Sierra, Torrelaguna and Talamanca del Jarama, which will allow to efficiently develop the distribution network.
The total number of active municipalities at the close of the financial year is 59, including the municipality of Madrid, where the distribution activity continues in five districts. The total number of supply points to which Madrileña Red de Gas provides a service are 845,468.