Half year results Elia Group
Good progress on energy transition and solid financial performance in Belgium and Germany
Highlights for the first half of 2017
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- Grid investments of €192 million in Belgium and €97 million in Germany to secure further the uninterrupted supply of electricity and to accommodate increasing renewable energy flows.
- Very high system reliability (99.999%), benefiting 30 million end users in Belgium and Germany.
Normalised net profit up 31.1% to €111.0 million, mainly as a result of the realization of strategic investments and higher contributions in customer connections in Belgium (up 46.3%) and strong operational performance in Germany (up 16.8%).