Transalta Corp. (TAC) Reports Q1 Loss of Cdn$0.11 on Revenues of Cdn$642M

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Go back to Transalta Corp. (TAC) Reports Q1 Loss of Cdn$0.11 on Revenues of Cdn$642M

TransAlta Reports Strong First Quarter 2021 Results led by Exceptional Performance at Alberta Hydro

May 13, 2021 6:58 AM EDT

CALGARY, AB, May 13, 2021 /PRNewswire/ -

First Quarter 2021 Highlights

Comparable EBITDA(1) of $310 million, an increase of $90 million or 41 per cent compared to the same period in 2020 Free cash flow ("FCF")(1) of $129 million or $0.48 per share compared to $109 million or $0.39 per share, a 23 per cent increase on a per share basis, for the same period in 2020 Hydro segment delivered $77 million of comparable EBITDA, an increase of $51 million or 96 per cent compared to the same period in 2020 Adjusted availability was 88.6 per cent compared to 92.8 per cent for the same period in... More