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](/-/media/project/elia/shared/pictures/newsitems/2023/20230302_fullyearresults2022_400x200.png?h=200&iar=0&w=400)
![](/-/media/project/elia/shared/pictures/profile-picture/elia-group/contacts_dekoninck_yannick_80x80.png?h=80&iar=0&w=80)
Yannick Dekoninck
Head of Capital Markets
mobile: +32 (0) 478 90 13 16
office: +32 2 546 70 76
Boulevard de l'Empereur 20 B-1000 Brussels
![](/-/media/project/elia/shared/pictures/profile-picture/elia-group/contacts_luyten_stephanie_80x80.png?h=80&iar=0&w=80)
Stéphanie Luyten
Head of Investor Relations
mobile: +32 (0) 467 05 44 95
office: +32 2 546 74 29
Boulevard de l'Empereur 20 B-1000 Brussels
Press releases
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Full-year results: Elia Group accelerates decarbonisation and electrification, in line with Europe’s pressing needs
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Résultats annuels : Elia Group accélère la décarbonisation et l’électrification, conformément aux besoins urgents de l’Europe
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Jaarresultaten: Elia Group versnelt de decarbonisatie en elektrificatie, in lijn met de dringende behoeften van Europa