LITGRID AB publishes results for the first half of the year of 2024
Source: GlobeNewswireLITGRID AB, company code 302564383, registered office address Karlo Gustavo Emilio Manerheimo str.8, Vilnius, Lithuania, is publishing results of the Company for the six months of 2024.
Key financial indicators for the first half of 2024:
| Main financial results | I H of 2024 | I H of 2023 |
| Revenue, EUR million | 197.7 | 166.9 |
| EBITDA, EUR million | 40.6 | 35.0 |
| Net profit, EUR million | 28.1 | 23.0 |
| ROE (for the last 12 months), percents | 25.1 | -8.7 |
| Adjusted* EBITDA, EUR million | 24.8 | 20.3 |
| Adjusted* NET profit, EUR million | 14.7 | 10.4 |
| Adjusted* ROE (for the last 12 months), percents | 12.3 | 7.5 |
The adjustment of regulated income, costs and profitability indicators is carried out due to temporary regulatory difference from the regulated profitability approved by Council. The indicators are adjusted by the correction of income, which has already been approved by the decision of Council when the regulated transmission service prices of the reporting period were approved. Also, the indicators are adjusted by the deviation of the Council-approved (regulated) and actual profitability of the reporting period, which Council will evaluate when determining the transmission service prices for the coming period.
Attachments:
1. Management report for the first half of 2024 and financial results of the Company
2. Press release.
The individual authorized by LITGRID AB to provide additional information:
Jurga Eivaitė
Communications project manager
phone: +370 613 19977, e-mail: jurga.eivaite@litgrid.eu
Attachments
- Press release - Litgrid announces results for the first half of 2024 continued preparation for synchronisation focus on renewable energy
- LITGRID FA 20240630 EN 2024-08-09 final_sign
