29 November 2024

Quarterly statement: Elia Group Q3 2024

Regulated information

  • Investment plans powering ahead as we aim to deliver the infrastructure of the future and develop and operate a sustainable power system across Belgium and Germany.
  • In Belgium, we have secured a major order of AC cables for over 120 projects. Additionally, the Brabo III project, aimed at improving electricity trade between Belgium and the Netherlands, is progressing as scheduled.
  • In Germany, we awarded the LanWin3 converter system and completed the connection on Europe’s largest solar park with a 650MW output.
  • The 2024 outlook has been revised upward towards the upper end of the €355 million to €395 million net profit Elia Group share range, resulting in an adjusted return on equity at the upper end of 7% to 8% range.

Yannick Dekoninck
Head of Capital Markets
Boulevard de l'Empereur 20 B-1000 Brussels                             
Stéphanie Luyten
Head of Investor Relations
Boulevard de l'Empereur 20 B-1000 Brussels                         
Maryline Vaeremans
Investor Relations Analyst
Boulevard de l'Empereur 20 B-1000 Brussels

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