Litgrid AB — Earnings Release 2017

Jun 14, 2017

Litgrid's results for 2017 Q1: sustainable growth and value for society

Daivis Virbickas CEO

Litgrid is a part of EPSO-G group of companies

Litgrid at Nasdaq Baltic

5 491 shareholders 504 331 380 shares €367.66 mln. market capitalisation €8.16 mln. allocated for dividends ROE = 7 proc.

P/E = 16,6

Price and volume of Litgrid share trade at Nasdaq Baltic, 2017Q1

Reliability indicators are best since 2005 END = 1,03 MWh AIT = 0,04 min.

• 7 200 km of high voltage power lines

• HVDC technology
• Asynchronous interconnections with Sweden and Poland
• 15 interconnections to 3 separate synchronous areas
• Power system operations 24/7

Investments for business opportunities, system reliability and better financial results

Mln., €

• In 2014-2015 investments for interconnections
• In 2016-2021 investments for grid reinforcement and long term system reliability

Reinforcing grid for the synchronization

Results of 2017 Q1: sustainable growth

Impact to the regional power market

In 2016 LitPol Link and NordBalt generated €31 mln. value Litgrid's income

The goal of dialogue with regulator is an optimum balance between efficient operation and value creation for society

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