Elia Group annual results 2017

23-02-2018

Elia Group strengthens and expands electrical grid while delivering a strong financial performance.

HIGHLIGHTS 2017

  • Grid investments of €486 million in Belgium and €461 million in Germany to secure further the uninterrupted supply of electricity and to accommodate increasing renewable energy flows
  • Very high system reliability (99.999%), benefiting 30 million end-users in Belgium and Germany
  • Normalised net profit up 28.9% to €216.6 million (Eurogrid up 58.2%, Elia up 8.8%), driven by the containment of operating costs in particular in Germany and, in Belgium, the full realisation of the strategic investment programme
  • Dividend of €1.62 to be proposed at the General Meeting on 15 May 2018

Read the press release