Elia - H1 Results: Solid set of results
H1 23 adj. net profit at EUR 199.7m (+7% YoY), representing a RoE of 7.1% which is slightly above the high-end of Elia's FY23 outlook Elias reiterates its outlook of 6-7% RoE for FY23Our estimates remain under review. Hold maintainedElia System Operator develops, operates and maintains very-high-voltage (380 kV, 220 kV and 150 kV) and high-voltage (70 kV, 36 kV and 30 kV) networks, providing its customers with consultancy and engineering services. Whether in Belgium, Germany or elsewhere in Europe or the U.S., Co. ensures that electricity flows reliably from energy producers to distributors and large corporate customers. Co.'s main activities include transmission operator, system operator and market facilitator, developing and maintaining grid infrastructure, connecting electrical installations to grids, providing transparent access to grids, while taking initiatives to improve electricity market operations.
We are an investment house with Belgian roots founded on more than 150 years of trust.
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