Amber Grid — Earnings Release 2020

Nov 4, 2020

Amber Grid Group Consolidated Operating Results for nine months of 2020

Amber Grid Group Consolidated Operating Results for nine months of 2020

AB Amber Grid, legal entity code: 303090867. Address: Savanorių pr. 28, LT-03116 Vilnius, Lithuania.

AB Amber Grid delivers consolidated results of the Group consisting of AB Amber Grid and UAB GET Baltic for 9 months of 2020 prepared according to the International Financial Reporting Standards:

• Revenue for 9 months of 2020 – EUR 38.2 million (9 months of 2019 – EUR 38.7 million);

• Profit before tax for 9 months of 2020 – EUR 10.8 million (9 months of 2019 – EUR 9.3 million);

• Net profit for 9 months of 2020 – EUR 13.5 million (9 months of 2019 – EUR 7.8 million).

EBITDA (earnings before interest, taxes, depreciation and amortisation) for 9 months of 2020 amounted to EUR 19.4 million, an increase of 12.8% in comparison with 9 months of 2019 (EUR 17.2 million).

Attached:

1. Amber Grid condensed consolidated and Company’s  financial statements as of 30 September 2020;

2. Confirmation of responsible persons;

3. Press release.

More information:

Laura Šebekienė, Head of Communications of Amber Grid,

+370 699 61 246, l.sebekiene@ambergrid.lt

Attachments: