Lithuanian electricity transmission system operator LITGRID AB (company code 302564383, registered office address Karlo Gustavo Emilio Manerheimo str. 8, Vilnius, Lithuania) is publishing results of the Company for the three months of 2023.
| Main financial results | Q1 2023 | Q1 2022 |
| Revenue, EUR million | 86.8 | 67.8 |
| EBITDA, EUR million | 19.9 | 3.4 |
| Net profit, EUR million | 12.9 | -2.0 |
| ROE (for the last 12 months), percents | -17.3 | 2.9 |
| Adjusted* EBITDA, EUR million | 9.4 | 9.3 |
| Adjusted* Net profit, EUR million | 4.0 | 3.0 |
| Adjusted* ROE (for the last 12 months), percents | 6.0 | 6.2 |
*The adjustment of regulated income, costs and profitability indicators is carried out due to temporary regulatory difference from the regulated profitability approved by NERC. The indicators are adjusted by the correction of income, which has already been approved by the decision of NERC when the regulated transmission service prices of the reporting period were approved. 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:
- Financial results of the Company.
More information:
Jurga Eivaite
Communications Project Manager
+370 613 19977
jurga.eivaite@litgrid.eu
