27.07.2018

On Friday 27 July, Elia Group published its half year results 2018

/Portals/1/Content/NewsXSP/Eliagroup/Dokumente/Press release results Q2 2018_FR.pdfHighlights:

  • Grid investments of 234€ million in Belgium and €104 million in Germany to ensure reliable supply of electricity and accomodate growing renewable energy flows.
  • Very high system reliability (99.998%), benifitting 30 Million end users in Belgium and Germany.
  • Acquisition of an additional 20% stake in Eurogrid International in April 2018, resulting in full control of Eurogrid and a change in consolidation method.
  • Net Profit (Elia Group share) up 38.6% to €142.2 million as a result of the acquisition of additional shares of Eurogrid, strong operational performance and the release of a legal claim provision in Germany and the realisation of strategic investments in Belgium
  • Outlook slightly more positive for 2018

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Press release results Q2 2018 English

Press release results Q2 2018 French

Press release results Q2 2018 Dutch