We've committed substantial investments totaling to €2,397.2 million in the grid, contributing significantly to society's decarbonization efforts. This has led to a regulatory asset base of €12.2 billion, marking a notable increase of 12.4%
Very high grid reliability of 99.9% and 99.7% in Belgium and Germany respectively, while ensuring operational excellence, quality and efficiency
Executing its international strategy, Elia Group has made its first strategic investment in the US
Electricity transmission tariffs and adjusted methodology approved in Belgium and onshore German regulation approved
The net profit Elia Group share totaled €324.5 million1, leading to a ROE (adj.) of 6.91%, excluding M&A cost the ROE (adj.) would be 7.14%
Elia Group utilized sustainable funding in the debt market to boost liquidity for future grid expansion
CAPEX plan of €9.4 billion for Belgium and €20.7 billion for Germany for the period 2024-2028 and the financial outlook for 2024 have been reaffirmed
A dividend of €1.99 per share will be proposed at General Meeting on 21 May 2024
1 Net profit Elia Group share refers to the net profit attributable to owners of ordinary shares.
Full-year results: Fully charged for changePDF -2.89 MB
Résultats annuels : Fully charged for change (in French)PDF -3.15 MB
Jaarresultaten: Fully charged for change (in Dutch)PDF -3.13 MB
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Elia System Operator SA published this content on
06 March 2024 and is solely responsible for the information contained therein. Distributed by
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06 March 2024 05:58:06 UTC.
Elia Group SA/NV is the Belgian transmission system operator, transmitting electricity efficiently, reliably and securely from producers to distribution system operators and major industrial users. The group is responsible for importing and exporting electricity from and to neighbouring countries.
Elia Group SA/NV owns the entire Belgian very high voltage grid (150 to 380 kV) and some 94% (ownership and user rights) of the Belgian high-voltage grid (30 to 70 kV). The grid is a key link between electricity markets in northern and southern Europe. It also links Belgian producers and consumers. Belgium's recent investment in interconnection capacity with its neighbours makes it one of the most open and interconnected grids in Europe.
Elia Group SA/NV has recently expanded its activities on a broader European level and, following its acquisition of the German TSO 50Hertz and in cooperation with Industry Funds Management (IFM), is now one of the top five transmission system operators in Europe.
ELIA GROUP NV/SA 
