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Consolidated results of the EPSO-G Group for Q1 2023

Written by Customer Service on . Posted in Public Companies.

 Energy Transmission and Exchange Group EPSO-G (company code 302826889, registered office address: Gedimino pr. 20, Vilnius, Lithuania)

„EPSO-G announces consolidated results for the three-month period of 2023 for the group consisting of the management company EPSO-G, Amber Grid, Baltpool, Energy cells, Litgrid and Tetas and the indirectly controlled GET Baltic.

Key financial indicators for 3 months:

Key financial indicatorsQ1 2023Q1 2022Change, %
Revenue, EUR million120.8116.53.7
EBITDA, EUR million28.012.0133.5
Net profit, EUR million16.62.0746.5
ROE (for the last 12 months), %-10.7%8.4% 
Adjusted* EBITDA, EUR million20.018.117.2
Adjusted* net profit, EUR million9.97.357.1
Adjusted* ROE (for the last 12 months), %9.410.5 

* Recalculations of regulated revenue, cost and profitability indicators are made for temporary regulatory deviations from the regulated profitability approved by the National Energy Regulatory Council (hereinafter – NERC). The calculation of the adjusted ratios shall take into account the adjustment of revenues for prior periods, which has already been approved by a decision of NERC for the purpose of setting the regulated prices for transmission services for the reference period, and shall take into account the deviation between the profitability approved by NERC for the reference period and the actual profitability, which will be taken into account by NERC in setting the transmission tariffs for the following period.

Appended:

1. EPSO-G Group’s condensed consolidated and individual financial statements as at 31 March 2023;

2. Press release.

For more information, contact
Gediminas Petrauskas, EPSO-G communication partner
Tel: +370 610 63306, email: gediminas.petrauskas@epsog.lt

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