29 July 2020
Elia Group 2020 announces Half-year financial resultsHalf-year results: Elia Group shows operational continuity in extraordinary times.
- Grid investments of €134.7 million in Belgium and €191.3 million in Germany to ensure the reliability of the energy system and accommodate growing inflows of renewable energy
- Very high system reliability of 99.99%, benefitting 30 million end users in Belgium and Germany
- Elia Transmission and Eurogrid GmbH successfully accessed the debt capital market lowering average cost of debt to the benefit of society
- Adjusted net profit down 3.6% to €148.8 million, although Belgium and Germany both saw solid operational performance to realise the next phase of the energy transition
- Covid-19 is not expected to have a material impact on Elia Group's results for 2020
- Financial outlook for 2020 confirmed
- Press release in EnglishPDF -880.82 KB
- Press release in FrenchPDF -1.08 MB
- Press release in DutchPDF -900.41 KB
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Elia System Operator SA published this content on 29 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2020 05:55:03 UTC