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

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 ...

May 10, 2024 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

AB „Amber Grid“ 2024 m. I ketvirčio veiklos rezultatai

AB „Amber Grid“ 2024 m. I ketvirčio veiklos rezultatai AB „Amber Grid“, juridinio asmens kodas: 303090867. Adresas: Laisvės pr. 10, LT-04215 Vilnius, Lietuva. „Amber Grid“ skelbia 2024 m. I ketvirčio veiklos rezultatus, parengtus pagal Tarptautinius finansinės atskaitomybės standartus: • 2024 m. I ketvirčio pajamos 20,6 mln. Eur (2023 m. I ketvirtis 25,5 mln. Eur);• 2024 m. I ketvirčio grynasis pelnas 4,0 mln. Eur (2023 m. I ketvirtis 1,8 mln. Eur);• 2024 m. I ketvirčio EBITDA (pelnas iki mokesčių, palūkanų, nusidėvėjimo ir amortizacijos) 9,0 mln. Eur (2023 m. I ketvirtis 5,4 mln...

May 10, 2024 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

Regarding the election of the Chairman of the Board of Amber Grid

Regarding the election of the Chairman of the Board of Amber Grid AB Amber Grid, legal entity code: 303090867. Address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania. On the 10th of May, 2024 at the Board meeting of Amber Grid, Paulius Butkus, Head of Development and Innovation at EPSO-G, was elected as the Chairman of the Board of Amber Grid. More information:Laura Šebekienė, Head of Communications of Amber Grid,Ph. , e-mail: Attachment

May 10, 2024 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

Dėl Amber Grid valdybos pirmininko išrinkimo

Dėl Amber Grid valdybos pirmininko išrinkimo AB „Amber Grid“, juridinio asmens kodas: 303090867. Adresas: Laisvės pr. 10, LT-04215 Vilnius, Lietuva. 2024 m. gegužės 10 d. įvykusiame „Amber Grid“ valdybos posėdyje „Amber Grid“ valdybos pirmininku buvo išrinktas Paulius Butkus, „EPSO-G“ grupės plėtros ir inovacijų vadovas. Daugiau informacijos:Laura Šebekienė, „Amber Grid" komunikacijos vadovė,Tel. , el. paštas: Priedas

May 10, 2024 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

Ex-Dividend Date

Ex-Dividend Date AB Amber Grid, legal entity code: 303090867. Address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania. Amber Grid, hereby informs that May 14th 2024, is an ex-dividend date of Amber Grid. Shares acquired on this day and thereafter by transactions concluded on Nasdaq Baltic will not give the right to receive dividend allocated by the decision of the General Meeting of Shareholders held on the 30th of April, 2024. More information: Laura Šebekienė, Head of Communications of Amber Grid,Ph. , e-mail:

May 10, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch