Post by
Betteryear2 on Aug 04, 2023 8:25am
TransAlta Reports Second Quarter 2023 Results
CALGARY, AB, Aug. 4, 2023 /CNW/ -
Second Quarter 2023 Financial Highlights
- Adjusted EBITDA(1) of $387 million, an increase of 39 per cent over the same period in 2022
- Free Cash Flow ("FCF")(1) of $278 million, or $1.05 per share, an increase of 94 per cent on a per-share basis from the same period in 2022
- Earnings before income taxes of $79 million, an improvement of $101 million from the same period in 2022
- Net earnings attributable to common shareholders of $62 million, an increase of $142 million from the same period in 2022
- Cash flow from operating activities of $11 million, an increase of $140 million from the same period in 2022
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