Full-year results: Fully charged for change

Highlights

• We've committed substantial investments totaling to €2,397.2 million in the grid, contributing significantly to society's decarbonization efforts. This has led to a regulatory asset base of €12.2 billion, marking a notable increase of 12.4%
• Very high grid reliability of 99.9% and 99.7% in Belgium and Germany respectively, while ensuring operational excellence, quality and efficiency
• Executing its international strategy, Elia Group has made its first strategic investment in the US
• Electricity transmission tariffs and adjusted methodology approved in Belgium and onshore German regulation approved
• The net profit Elia Group share totaled €324.5 million¹, leading to a ROE (adj.) of 6.91%, excluding M&A cost the ROE (adj.) would be 7.14%
• Elia Group utilized sustainable funding in the debt market to boost liquidity for future grid expansion
• CAPEX plan of €9.4 billion for Belgium and €20.7 billion for Germany for the period 2024-2028 and the financial outlook for 2024 have been reaffirmed
• A dividend of €1.99 per share will be proposed at General Meeting on 21 May 2024

¹ Net profit Elia Group share refers to the net profit attributable to owners of ordinary shares.