Consolidated results of the EPSO-G Group for Q1 2024
May 20 2024 - 10:30AM
Consolidated results of the EPSO-G Group for Q1 2024
EPSO-G, a group of energy transmission and exchange companies
(company code 302826889), with its registered office located at
LaisvÄ—s pr. 10, Vilnius, Lithuania.
EPSO-G publishes the consolidated operating results of the
Group, which includes the holding company EPSO-G, as well as its
subsidiaries: Amber Grid, Baltpool, Energy Cells, Litgrid, and
Tetas for the first three months of 2024.
Key financial indicators for 3 months:
Key financial indicators |
Q1 2024 |
Q1 2023 |
Change, % |
Revenue, EUR million |
140.4 |
120.8 |
16.2 |
EBITDA, EUR million |
38.3 |
28.0 |
36.8 |
Net profit, EUR million |
23.5 |
16.6 |
41.4 |
ROE (last 12 months), % |
20.9 |
-10.7 |
- |
Adjusted* EBITDA, EUR million |
20.9 |
20.0 |
4.6 |
Adjusted* net profit, EUR million |
8.9 |
9.9 |
-10.2 |
Adjusted* ROE (last 12 months), % |
7.9 |
9.4 |
- |
Net debt to adjusted EBITDA ratio |
1.0 |
n/a |
- |
Investments, EUR million |
39.2 |
26.2 |
49.9 |
*Regulated revenue, expenses and profitability
indicators are recalculated due to temporary regulatory deviations
from the regulated profitability indicator approved by the NERC.
The calculation of adjusted indicators involves estimating
adjustments for previous period revenue, which has already been
approved by the decision of the NERC when determining regulated
transmission prices for the reporting period. It also includes
estimating deviations of the actual profitability from the
regulated profitability approved by the NERC, which will be taken
into consideration when determining transmission prices for future
periods.
Enclosed:
1. EPSO-G Group's condensed consolidated and separate financial
statements of 31 March 2024;
2. Press release.
For more information, please contact: Gediminas
Petrauskas, Communication Partner at EPSO-G Tel. +370 610 63306,
email gediminas.petrauskas@epsog.lt
- 2024-05-20_EPSO-G_Group_Q1_results_ENG
- 2024_Q1_interim_report_ENG