OGK-2 provided earnings guidance for the full year of 2017. For the year, the company plans to boost EBITDA to Russian Accounting Standards (RAS) by 14.5% to RUB 18.94 billion in 2017. EBITDA margin will increase to 14.4% from 12.4% in 2016 through the adoption of a strategy on the wholesale electricity market of utilizing the most effective generating capacity and increasing spending efficiency. In 2017 the company plans to post RUB 2.366 billion in net profit, down 32% compared to 2016. The company forecasts that power generation will decline 2% to 65.639 billion kWh in 2017, with installed capacity utilization ratio declining by 0.13 percentage points to 39.5%. OGK-2 revenue could decline slightly in 2017 to RUB 131.8 billion from RUB 134.3 billion in 2016, which includes sales of other products.