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Amber Grid Earnings Release 2019

Feb 6, 2020

2263_rns_2020-02-06_bd8f2c79-cd7f-4db9-8341-4e883ec3af68.html

Earnings Release

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Amber Grid Group Consolidated Operating Results for year 2019

Amber Grid Group Consolidated Operating Results for year 2019

Amber Grid delivers consolidated results of the Group consisting of AB Amber Grid and UAB GET Baltic  for the year 2019 prepared according to the International Financial Reporting Standards:

• Revenue for the year 2019 – EUR 54.8 million (the year 2018 – EUR 54.6 million);

• Profit before tax for the year 2019 – EUR 13.9 million (the year 2018 – loss before tax - EUR 26.0 million);

• Net profit for the year 2019 – EUR 11.8 million (the year 2018 – net loss EUR 21.6 million).

EBITDA (earnings before interest, taxes, depreciation and amortisation) for the year 2019 amounted to EUR 24.3 million, a decrease of 1.3% in comparison with the year 2018 (EUR 24.6 million).

Attached:

1. AB Amber Grid consolidated and separate condensed financial statements as of 31 December 2019;

2. Press release.

More information:

Laura Šebekienė,

Head of Communications of Amber Grid,

ph. +370 699 61 246,

e-mail: [email protected]

Attachments: