BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Elia Group SA/NV (ELI.BR), a Belgium-based electricity transmission system operator, on Wednesday reported higher first-half earnings, reflecting continued asset base growth and higher regulatory returns.
Profit attributable to equity holders of ordinary shares increased to €348.6 million, or €3.19 per share, from €269.6 million, or €2.90 per share, a year earlier.
Adjusted profit climbed 26.2% to €410.9 million from €325.6 million a year ago.
Results from operating activities increased to €672.3 million from €553.9 million, and earnings before interest and tax (EBIT) rose to €688.0 million from €569.7 million.
EBITDA grew to €1.056 billion from €903.3 million last year.
Revenue increased to €2.564 billion from €2.172 billion a year earlier.
Additionally, the company confirmed its full-year outlook.
In Brussels, Elia shares were down 2.2% at €133.00.
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