23 February 2018
Elia Group annual results 2017
Elia Group strengthens and expands electrical grid while delivering a strong financial performance.
- Grid investments of €486 million in Belgium and €461 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 28.9% to €216.6 million (Eurogrid up 58.2%, Elia up 8.8%), driven by the containment of operating costs in particular in Germany and, in Belgium, the full realisation of the strategic investment programme
- Dividend of €1.62 to be proposed at the General Meeting on 15 May 2018