AMG1L Amber Grid AB

AB Amber Grid Operating Results for the 1st Quarter of 2024

AB Amber Grid Operating Results for the 1st Quarter of 2024

AB Amber Grid, legal entity code: 303090867. Address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania.

Amber Grid delivers results for the 1st quarter of 2024 prepared according to the International Financial Reporting Standards:

• Revenue for the 1st quarter of 2024 EUR 20.6 million (the 1st quarter of 2023 EUR 25.5 million);

• Net profit for the 1st quarter of 2024 EUR 4.0 million (the 1st quarter of 2023 EUR 1.8 million);

• EBITDA (earnings before interest, taxes, depreciation and amortisation) for the 1st quarter of 2024 EUR 9.0 million (the 1st quarter of 2023 EUR 5.4 million);

• Average return on equity (ROE) for the last 12 month as of 31 March 2024 8.3% (as of 31 March 2023 6.8%).

Amber Grid adjusted financial indicators for the 1st quarter of 2024:

• Adjusted net profit for the 1st quarter of 2024 EUR 3.4 million (the 1st quarter of 2023 EUR 3.9 million);

• Adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation) for the 1st quarter of 2024 EUR 8.2 million (the 1st quarter of 2023 EUR 7.8 million);

• Average return on equity (ROE) for the last 12 months as of 31 March 2024 4.7% (as of 31 March 2023 9.8%).

The adjustment of regulated income, costs and profitability indicators is carried out due to temporary regulatory difference from the regulated profitability approved by NERC. When calculating adjusted indicators, the correction of income is assessed due to previous periods, which is already approved by the decision of NERC in determining the regulated prices of transmission services for the reporting period. Also, the indicators are adjusted by the deviation of the NERC approved (regulated) and actual profitability of the reporting period, which NERC will evaluate when determining the transmission service prices for the coming period.

Attached:

1. AB Amber Grid condensed consolidated and separate financial statements as of 31 March 2024;

2. Press release.

More information:

Laura Šebekienė, Head of Communications of Amber Grid,

Ph. , e-mail:

Attachments



EN
10/05/2024

Underlying

AMG1LAmber Grid AB

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Amber Grid AB

 PRESS RELEASE
Free
AMG1L AMBER GRID AB

Decisions adopted in the Extraordinary General Meeting of Shareholders...

Decisions adopted in the Extraordinary General Meeting of Shareholders of AB Amber Grid Decisions adopted in the Extraordinary General Meeting of Shareholders of AB Amber Grid AB Amber Grid, legal entity code: 303090867. Address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania. The following decisions were adopted in the Extraordinary General Meeting of Shareholders of AB Amber Grid on 2 March 2026: 1) On the approval of the decision of the Board of Amber Grid AB 2026-02-06 to conclude humanitarian aid agreements 1.1. To approve the decision of the Board of Amber Grid AB 2026 -02-06 to con...

March 2, 2026 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

Neeiliniame AB „Amber Grid“ visuotiniame akcininkų susirinkime priimti...

Neeiliniame AB „Amber Grid“ visuotiniame akcininkų susirinkime priimti sprendimai AB „Amber Grid“, juridinio asmens kodas: 303090867. Adresas: Laisvės pr. 10, LT-04215 Vilnius, Lietuva. 2026 m. kovo 2 d. įvykusiame neeiliniame visuotiniame AB „Amber Grid“ akcininkų susirinkime buvo priimti šie sprendimai: 1 Dėl pritarimo AB „Amber Grid“ valdybos 2026-02-06 sprendimui sudaryti humanitarinės pagalbos teikimo sutartis 1.1. Pritarti AB „Amber Grid valdybos 2026-02-06 sprendimui sudaryti humanitarinės pagalbos teikimo sutartis su Ukrainoje veikiančiais subjektais, atitinkančiais Lietuvos Resp...

March 2, 2026 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

AB Amber Grid Operating Results for the year 2025

AB Amber Grid Operating Results for the year 2025 27 February 2025 AB Amber Grid delivers unaudited results for the year 2025 prepared in accordance with International Financial Reporting Standards:• Revenue for the year 2025 EUR 69.7 million (the year 2024 EUR 74.6 million);• Net profit for the year 2025 EUR 1.4 million (the year 2024 EUR 8.3 million);• EBITDA (earnings before interest, taxes, depreciation and amortisation) for the year 2025 EUR 17.3 million (the year 2024 EUR 26.5 million);• Return on equity (ROE) for the year 2025 0.8% (the year 2024 4.6%). Adjusted financial indicators...

February 27, 2026 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

AB „Amber Grid“ 2025 m. veiklos rezultatai

AB „Amber Grid“ 2025 m. veiklos rezultatai 2025 m. vasario 27 d. AB „Amber Grid“  skelbia 2025 m. neaudituotus rezultatus, parengtus pagal Tarptautinius finansinės atskaitomybės standartus:• 2025 m. pajamos 69,7 mln. Eur (2024 m. 74,6 mln. Eur);• 2025 m. grynasis pelnas 1,4 mln. Eur (2024 m. 8,3 mln. Eur);• 2025 m. EBITDA (pelnas iki mokesčių, palūkanų, nusidėvėjimo ir amortizacijos) 17,3 mln. Eur (2024 m. 26,5 mln. Eur);• 2025 m. vidutinė nuosavybės grąža (ROE) 2025 m. 0,8% (2024 m. 4,6%).  2025 m. koreguoti finansiniai rodikliai:• 2025 m. koreguotas grynasis pelnas 10,0 mln. Eur (2024 m...

February 27, 2026 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

Notice on Convening of the Extrardinary General Meeting of Shareholder...

Notice on Convening of the Extrardinary General Meeting of Shareholders of AB Amber Grid Under the initiative and decision of the Board of AB Amber Grid (company code 303090867, registered office address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania) (further on Amber Grid, the Company), the Extraordinary General Meeting of Shareholders of Amber Grid is convened at the Company’s registered office (address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania) on 2 March 2026 at 10:00 a.m.  The agenda of the Extraordinary General Meeting of Shareholders of Amber Grid: 1) On the approval of the dec...

February 6, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch