27 July 2018

Half Year Results 2018 Elia Group: Consolidating our position in 50Hertz while delivering solid operational performance

HIGHLIGHTS :
Grid investments of €234 million in Belgium and €104 million in Germany to ensure reliable supply of electricity and accommodate growing renewable energy flows.

  • Very high system reliability (99.998%), benefitting 30 million end users in Belgium and Germany.
  • Acquisition of an additional 20% stake in Eurogrid International in April 2018, resulting in full control of Eurogrid and a change in consolidation method.
  • Net profit (Elia Group share)1 up 38.6% to €142.2 million as a result of the acquisition of additional shares of Eurogrid, strong operational performance and the release of a legal claim provision in Germany and the realisation of strategic investments in Belgium.
  • Outlook slightly more positive for 2018.
Marleen Vanhecke
Head of Communication & Reputation Elia Group
This website uses cookies to provide you with an optimal browsing experience. Some cookies are strictly necessary for the operation of this website and cannot be rejected, while others are used for analytical/functional/targeting purposes and can be rejected. For more information, please consult our Cookie Policy . You can manage/change your cookie preferences at any time. If you do not manage your preferences, only the cookies which are strictly necessary will be accepted.