AMG1L Amber Grid AB

AB Amber Grid Operating Results for the first half of 2024

AB Amber Grid Operating Results for the first half of 2024

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

Amber Grid delivers results for the first half of 2024 prepared according to the International Financial Reporting Standards:

• Revenue for H1 2024: EUR 35.0 million (H1 2023: EUR 42.7 million);

• Net profit for H1 2024: EUR 3.4 million (H1 2023: EUR 12.6 million);

• EBITDA (earnings before interest, taxes, depreciation and amortisation) for H1 2024: EUR 12.0 million (H1 2023: EUR 10.7 million);

• Average return on equity (ROE) for the last 12 month as of 30 June 2024: 2.4% (as of 30 June 2023: 11.4%).

Amber Grid adjusted financial indicators for H1 2024:

• Adjusted net profit for H1 2024: EUR 5.1 million (H1 2023: EUR 5.0 million);

• Adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation) for H1 2024: EUR 13.8 million (H1 2023: EUR 12.6 million);

• Average return on equity (ROE) for the last 12 months as of 30 June: 2024 5.2% (as of 30 June 2023: 8.5%).

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. Non-recurring (one-off) transactions are also eliminated.

Attached:

1. Amber Grid condensed interim financial statements as of 30 June 2024;

2. Amber Grid Management report for the first half of 2024;

3. Press release.

More information:

Laura Šebekienė, Head of Communications of Amber Grid,

Ph. , e-mail:

Attachments



EN
09/08/2024

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 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 18 October 2024: 1. Aproval of the conclusion of the Humanitarian Aid Contract 1.1. In accordance with the procedure laid down in Article 11(21) of the Law on Development Cooperation and Humanitarian Aid of the Republic of Lithuania, upon the recommendation of the Ministry of Foreign Affa...

October 18, 2024 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. 2024 m. spalio 18 d. įvykusiame neeiliniame visuotiniame AB „Amber Grid“ akcininkų susirinkime buvo priimti šie sprendimai: 1. Dėl pritarimo humanitarinės pagalbos teikimo sutarties sudarymui 1.1. Lietuvos Respublikos vystomojo bendradarbiavimo ir humanitarinės pagalbos įstatymo 11 straipsnio 21 dalyje nustatyta tvarka gavus Lietuvos Respublikos užsienio reikalų ministerijos rekomendaciją ir Lietu...

October 18, 2024 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

Notice on Convening an Extraordinary General Meeting of Shareholders o...

Notice on Convening an Extraordinary General Meeting of Shareholders of AB Amber Grid On the initiative and by decision of the Board of AB Amber Grid (legal entity code 303090867, registered office address Laisvės av. 10, LT-04215 Vilnius, Lithuania), the Extraordinary General Meeting of Shareholders of AB Amber Grid is convened at the Company's registered office (address Laisvės av. 10, Vilnius) on 18 October 2024 at 10:00 am. Draft Agenda of the Meeting: 1) Approval of the conclusion of the Humanitarian Aid Contract Shareholder registration will commence at 9.15 a.m., 18 October...

September 27, 2024 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

Pranešimas apie AB „Amber Grid“ neeilinio visuotinio akcininkų susirin...

Pranešimas apie AB „Amber Grid“ neeilinio visuotinio akcininkų susirinkimo sušaukimą AB „Amber Grid“ (juridinio asmens kodas 303090867, buveinės adresas Laisvės pr. 10, LT-04215 Vilnius, Lietuva) valdybos iniciatyva ir sprendimu 2024 m. spalio 18 d. 10:00 val., Bendrovės buveinėje (adresas Laisvės pr. 10, Vilnius) šaukiamas AB „Amber Grid“ neeilinis visuotinis akcininkų susirinkimas. Susirinkimo darbotvarkė: 1) Dėl pritarimo humanitarinės pagalbos teikimo sutarties sudarymui Akcininkų registracijos pradžia: 2024 m. spalio 18 d. 9.15 val.Akcininkų registracijos pabaiga: 2024 m. spalio 18 ...

September 27, 2024 1 EN
 PRESS RELEASE
Free
AMG1L AMBER GRID AB

AB Amber Grid concluded mutual lending and borrowing agreement with EP...

AB Amber Grid concluded mutual lending and borrowing agreement with EPSO-G AB Amber Grid, legal entity code: 303090867. Address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania. The Lithuanian gas transmission system operator AB Amber Grid announces that on 2nd September 2024, has terminated the existing mutual lending and borrowing agreement with its parent company UAB EPSO-G and concluded the new one. The Agreement sets forth the maximum lending limit for EPSO-G – Eur 70 000 000 and the lending limit for AB Amber Grid – Eur 10 000 000. Maximum maturity of the Agreement - 3 years. Mo...

September 2, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch