The EPSO-G group of companies announces the consolidated operating results for the first half of 2024
20 August 2024 - 8:00AM
UK Regulatory
The EPSO-G group of companies announces the consolidated operating
results for the first half of 2024
The EPSO-G group of energy transmission and
exchange companies (company code 302826889, registered office
address LaisvÄ—s Ave. 10, Vilnius, Lithuania)
EPSO-G announces the consolidated financial and
performance results of the Group consisting of the holding company
EPSO-G, companies Amber Grid, Baltpool, Energy cells, EPSO-G Invest
(registered on 18 July 2024), Litgrid and Tetas.
The main financial indicators for January-June 2024:
Main financial indicators |
January-June 2024 |
January-June 2023 |
Change, % |
Revenue, million EUR |
246,4 |
221,1 |
11,5 |
EBITDA, million EUR |
52,4 |
44,2 |
18,5 |
Net profit, million EUR |
30,4 |
31,5 |
-3,6 |
ROE (of the (last 12 months), % |
17,2 |
-2,5 |
- |
Net debt, million EUR |
16,6 |
n/a |
- |
Adjusted* EBITDA, million EUR |
38,4 |
31,3 |
22,4 |
Adjusted* net profit, million EUR |
18,5 |
11,4 |
62,9 |
Adjusted* ROE (last 12 months), % |
10,0 |
9,5 |
- |
Ratio of net debt to adjusted EBITDA (last 12 months). |
0,3 |
n/a |
- |
* Recalculation of regulated income, cost and
profitability indicators is carried out due to temporary regulatory
deviations from the regulated profitability approved by the
National Energy Regulatory Council (NERC). In calculating the
adjusted indicators, adjustment of income due to previous periods
is assessed. By decision of NERC, such adjustment has already been
approved by determining the regulated prices of transmission
services for the reporting period, and deviation from the NERC
approved (regulated) and actual profitability of the reporting
period is assessed. This deviation will be assessed when NERC will
set transmission prices for the upcoming period.
Enclosed: condensed consolidated and separate
financial statements of EPSO-G group of 30 June 2024; press
release.
More information
Gediminas Petrauskas, EPSO-G Communication Partner
Tel. +370 610 63306,
e-mail gediminas.petrauskas@epsog.lt
- 2024-08-20_Press_release_H1_results_EPSO-G
- 2024_H1_Management_Report_EN