Transalta Corp. (TAC) Tops Q1 EPS by 17c

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Go back to Transalta Corp. (TAC) Tops Q1 EPS by 17c

TransAlta Reports First Quarter 2018 Results

May 8, 2018 8:00 AM EDT

CALGARY, May 8, 2018 /PRNewswire/ - 

First Quarter 2018 Financial Highlights

Comparable EBITDA(1) was up $19 million, or 8%, to $259 million; Free cash flow(1) from ongoing operations increased 2% to $81 million; Total consolidated net debt was reduced by almost $300 million during the quarter; and Receipt of $157 million in early termination payments from the Balancing Pool.

TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) today reported first quarter 2018 financial results, with free cash flow(2) of $238 million for the quarter and funds from operations(2)... More