Skip to main content

LITGRID AB publishes results for the 9 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 nine months of 2023.

Key financial indicators for 9 months of 2023:

Main financial results 9 months of 2023    9 months of 2022
Revenue, EUR million 274.9 288,3
EBITDA, EUR million 62.2 -34.9
Net profit, EUR million 43.3 -43.5
ROE (for the last 12 months), percents 19.5 -22.4
Adjusted* EBITDA, EUR million 29.6 26.7
Adjusted* NET profit, EUR million 15.6 8.9
Adjusted* ROE (for the last 12 months), percents  9.2 6.1

The adjustment of regulated income, costs and profitability indicators is carried out due to temporary regulatory difference from the regulated profitability approved by 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. Financial results of the Company for 9 months of 2023.

2. Press release.

More information:
Jurga Eivaitė
Communications Project Manager
tel. +370 613 19977 e-mail: jurga.eivaite@litgrid.eu

Attachments

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.