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Litgrid AB Earnings Release 2024

Feb 28, 2025

2262_rns_2025-02-28_198314c3-43ab-4546-93bb-544127edcbdf.html

Earnings Release

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Unaudited financial results of LITGRID AB for the twelve months of 2024

Unaudited financial results of LITGRID AB for the twelve months of 2024

LITGRID AB, company code 302564383, registered office address Karlo Gustavo Emilio Manerheimo str.8, Vilnius, Lithuania, is publishing results of the Company for the twelve months of 2024.

Key financial unaudited indicators, EUR million 2024 2023
Revenue 378,3 369,8
EBITDA 60,6 78,3
Net profit 49,0 48,4
ROE (for the last 12 months), percents 19,7 23,9
Adjusted EBITDA 47,7* 37,1
Adjusted* Net Profit, EUR million 34,4* 25,5
Adjusted* ROE (for the last 12 months), percents 13,9* 12,6

*The adjustment of the profitability indicators is made due to temporary regulatory difference from the regulated profitability approved by National Energy Regulatory Council. The indicators are adjusted by the correction of income, which has already been approved by the decision of Council when the regulated transmission service prices of the reporting period were approved. Also, the indicators are adjusted by the deviation of the Council-approved (regulated) and actual profitability of the reporting period, which Council will evaluate when determining the transmission service prices for the coming period.

Attachments:

1. Unaudited financial results of the Company.

2. Press release.

The individual authorized by LITGRID AB to provide additional information:

Jurga Eivaitė

Communications project manager

tel. +370 613 19977 e-mail: [email protected]

Attachments: