22 February 2019
Elia Group full year 2018 results
Strengthening our position in 50Hertz while progressing well in key investments
HIGHLIGHTS
- Grid investments of €636.7 million in Belgium and €491.5 million in Germany to ensure a reliable, sustainable and affordable energy system that meets society’s demand for appropriate actions against global warming and climate change.
- Very high system reliability (99.999%), benefitting 30 million end users.
- Acquisition of an additional 20% stake in Eurogrid International in April 2018, resulting in full control over Eurogrid and a change in consolidation method.
- Normalised Net profit up 38.0% to €280.8 million as a result of the acquisition of additional shares of Eurogrid, solid operational performance and release of a legal claim provision in Germany together with the realisation of strategic investments in Belgium.
- Net profit (Elia Group share) up 32.0% to €275.2 million.
- Dividend of €1.66 will be proposed at the General Meeting on 21 May 2019.
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Strengthening our position in 50Hertz while progressing well in key investmentsPDF - 895.58 KB
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Consolidation de notre position dans 50Hertz avec une belle progression dans des investissements clésPDF - 1.05 MB
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Onze positie in 50Hertz versterken en vooruitgang boeken in belangrijke investeringenPDF - 909.2 KB
Marleen Vanhecke
Elia Group Head Communication & Reputation
mobile:
+32 486 49 01 09
office:
+32 2 546 71 32
Yannick Dekoninck
Investor Relations Officer
mobile:
+32 (0) 478 90 13 16
office:
+32 2 546 70 76
Boulevard de l'Empereur 20 B-1000 Brussels
