03 March 2023

Full-year results: Elia Group accelerates decarbonisation and electrification, in line with Europe’s pressing needs

Highlights

  • Acceleration of capex up by 25% compared to 2021, grid investments totalling €449.5 million in Belgium and €1,085.5 million in Germany 
  • Strong grid reliability of 99.99% and 99.79% in Belgium and Germany respectively, while ensuring operational excellence, quality and efficiency
  • Powering Industry towards Net Zero, Elia Group’s vision paper on anchoring European industry through electrification and low-carbon electrons
  • Net profit Elia Group share of €341.7 million leading to a return on equity (adj.) of 7.52% 
  • A dividend of €1.91 per share will be proposed at General Meeting on 16 May 2023

elia worker on green field

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                         
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