Half-year results: Strengthening and expanding the grid while delivering a solid financial performance.


26-07-2019

MOGNormalised 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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