Belgium · Delayed Price · Currency is EUR Elia Group Earnings Call Transcripts
Fiscal Year 2025
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Record CapEx and strong operational delivery drove a 32% rise in net profit, with robust growth in both Belgium and Germany. Regulatory and market uncertainties persist, but funding and liquidity remain solid, supporting ambitious investment plans.
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Strong H1 results with adjusted net profit up 49% to €326 million, driven by robust investment and a €2.2 billion capital increase. Major grid projects in Belgium and Germany advanced, while regulatory and supply chain risks remain under close management.
Fiscal Year 2024
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Announced a €2.2 billion equity package and delivered record €4.8 billion investments in 2024, driving strong financial results with net profit of €421 million and EPS of €5.73. CapEx plan raised to €31.6 billion through 2028, with robust funding and strategic project pacing amid inflation and regulatory changes.
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Record H1 investments and strong profit growth led to an upward revision of full-year guidance. Key projects in Belgium and Germany advanced, with robust funding and a focus on digitalization, talent, and supply chain resilience. Regulatory and market conditions remain supportive.