Elia Group annual results 2015


26-02-2016

Elia Group strengthens and expands electrical grid while realising strong annual results partially due to non-recurring items.

Highlights 2015

  • The Elia Group realises grid investments of €353 million in Belgium and €902 million in Germany to secure further the uninterrupted supply of electricity and to accommodate increasing renewable energy flows.
  • Normalised net profit increases by 14.6% year-over-year to €175.8 million. Reported net profit increases by 25.4% at €210.6 million.
  • Elia will propose a dividend at €1.55 at the General Assembly of May 17 CREG approves Elia’s 2016-2019 tariffs, an important step for the realisation of the ambitious investment programme.
  • Elia and 50Hertz continue to provide very high system reliability (99.9999%), benefiting 30 million end-users in Belgium and Germany.

Read the press release