26 July 2019
Half-year results: Strengthening and expanding the grid while delivering a solid financial performance.
Normalised Net profit up 8.2% to €154.4 million as a result of the timely realisation of investments and solid operational performance.
- Grid investments of €274 million in Belgium and €114 million in Germany to ensure reliable supply of electricity and accommodate growing renewable energy flows.
- Very high system reliability (99.999%), benefitting 30 million end users in Belgium and Germany.
- Normalised Net profit up 8.2% to €154.4 million as a result of the timely realisation of investments and solid operational performance.
- Reported Net profit (Elia Group share)1 down 11.2% to €126.2 million mainly attributable to the release of a legal claim provision in 2018.
- Elia successfully completes a €434.8 million capital increase.
- Financial outlook for 2019 reiterated.
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Half-year results: Strengthening and expanding the grid whime delivering a solid financial performancePDF - 4.93 MB
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Résultat semi-annuel : Renforcement et expansion du réseau tout en réalisant une solide performance financièrePDF - 5.04 MB
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Hamfjaarcijfers : versterken en uitbreiden van het elektriciteitsnet met realisatie van solidePDF - 4.76 MB
Marleen Vanhecke
Elia Group Head Communication & Reputation
mobile: +32 486 49 01 09
office: +32 2 546 71 32
Yannick Dekoninck
Head of Capital Markets
mobile: +32 (0) 478 90 13 16
Boulevard de l'Empereur 20 B-1000 Brussels
