22 February 2019

Elia Group full year 2018 results

Strengthening our position in 50Hertz while progressing well in key investments

HIGHLIGHTS

  • Grid investments of €636.7 million in Belgium and €491.5 million in Germany to ensure a reliable, sustainable and affordable energy system that meets society’s demand for appropriate actions against global warming and climate change. 
  • Very high system reliability (99.999%), benefitting 30 million end users.
  • Acquisition of an additional 20% stake in Eurogrid International in April 2018, resulting in full control over Eurogrid and a change in consolidation method.
  • Normalised Net profit up 38.0% to €280.8 million as a result of the acquisition of additional shares of Eurogrid, solid operational performance and release of a legal claim provision in Germany together with the realisation of strategic investments in Belgium.
  • Net profit (Elia Group share) up 32.0% to €275.2 million. 
  • Dividend of €1.66 will be proposed at the General Meeting on 21 May 2019.
Marleen Vanhecke
Elia Group Head Communication & Reputation
Yannick Dekoninck
Investor Relations Officer
Boulevard de l'Empereur 20 B-1000 Bruxelles
Please be aware that we use cookies on our website. By continuing to use this website, or by clicking "I accept", you indicate that you have read and agree with our cookie policy. More information about cookies can be found here.