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
mobile: +32 (0) 478 90 13 16
office: +32 2 546 70 76
Boulevard de l'Empereur 20 B-1000 Brussels
Stéphanie Luyten
Investor Relations
mobile: +32 (0) 467 05 44 95
office: +32 2 546 74 29
Boulevard de l'Empereur 20 B-1000 Brussels
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Elia System Operator SA published this content on 28 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 05:58:11 UTC.