28 July 2021

Elia Group announces 2021 half-year financial results

Half-year results: Elia Group delivers on investments to further decarbonise society.

Highlights:

  • 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

Yannick Dekoninck
Investor Relations Officer
Boulevard de l'Empereur 20 B-1000 Brussels
Stéphanie Luyten
Investor Relations
Boulevard de l'Empereur 20 B-1000 Brussels
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