Unaudited financial results of LITGRID AB for the twelve months of 2023
01 March 2024 - 1:30AM
UK Regulatory
Unaudited financial results of LITGRID AB for the twelve months of
2023
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
2023.
Key financial
unaudited indicators, EUR million |
2023 |
2022 |
Revenue |
369,8 |
420,4 |
EBITDA |
78,3 |
-36,5 |
Net profit |
48,4 |
-49,5 |
ROE (for the last
12 months), percents |
23,9 |
-25,5 |
Adjusted* EBITDA,
EUR million |
37,5 |
34,6 |
Adjusted* Net
Profit, EUR million |
22,2 |
13,8 |
Adjusted* ROE
(for the last 12 months), percents |
10,9 |
7,1 |
*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: jurga.eivaite@litgrid.eu
- LITGRID FA EN 20231231_final_sign
- Press release - Litgrid's 2023 results - objectives reached,
reliability of electricity transmission ensured, loss turned into
profit
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