06 March 2020
Elia Group (Euronext: ELI) announces results for the 12 month period ending 31 December 2019.
Full Year Results:
Elia Group realised its ambitious investment program, achieved strong operational and financial results and is ready to realise the next phase of the energy transition bringing maximum welfare to society.Highlights 2019:
- Grid investments of €723.5 million in Belgium and €488.6 million in Germany to ensure a reliable and sustainable energy system leading to an asset growth of 9.0%
- Good progress in the increase of interconnections capacities with commissioning of Nemo Link
- Adjusted net profit up 9.0% to €306.2 million1 driven by the timely realisation of investments and solid operational performance
- Realisation of a new corporate structure to increase regulatory transparency and pursue our growth strategy
- Implementation of a Group functional organisation to leverage synergies and improve services to the benefit of consumers
- A dividend of €1.69 per share will be proposed at the General Meeting on 19 May 2020
Read the press release (Regulated Information)
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
