Transalta Corp. (TAC) Reports Q3 FFO of Cdn$0.70

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Go back to Transalta Corp. (TAC) Reports Q3 FFO of Cdn$0.70

TransAlta Reports Solid Third Quarter 2020 Results, Fast-Tracks Off Coal and Discontinues All Mining in Canada by End of 2021

November 4, 2020 7:00 AM EST

CALGARY, AB, Nov. 4, 2020 /PRNewswire/ -

Third Quarter 2020 Highlights

Comparable EBITDA(1)(2) of $256 million increased by three per cent from $249 million for the same period in 2019 Free cash flow ("FCF")(1)(2) of $106 million or $0.39 per share compared to $114 million or $0.40 per share for the same period in 2019 Adjusted availability was 90.7 per cent compared to 95.2 per cent for the same period in 2019

Year-to-date 2020 Financial Highlights

FCF(1)(2) of $306 million or $1.11 per share compared to $258 million or $0.91 per share, an increase of 22 per cent on a per share... More