28 July 2021
Elia Group announces 2021 half-year financial results
Half-year results: Elia Group delivers on investments to further decarbonise society.
- Grid investments totalling €164.9 million in Belgium and €221.6 million in Germany to ensure a reliable and sustainable system
- Adjusted net profit down by 1.6% to €150.5 million following increased maintenance and personnel costs in Germany compensated by a strong performance of Nemo Link and solid operations in Belgium
- Eurogrid GmbH has successfully issued a €500 million Eurobond
- Financial outlook expected in the upper end of the targeted 5.5% - 6.5% adjusted Return on Equity range for 2021