Quarterly statement: Elia Group Q3 2024

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29/11/2024 15:56
Regulated information

Investment plans powering ahead as we aim to deliver the infrastructure of the future and develop and operate a sustainable power system across Belgium and Germany.
In Belgium, we have secured a major order of AC cables for over 120 projects. Additionally, the Brabo III project, aimed at improving electricity trade between Belgium and the Netherlands, is progressing as scheduled.
In Germany, we awarded the LanWin3 converter system and completed the connection on Europe’s largest solar park with a 650MW output.
The 2024 outlook has been revised upward towards the upper end of the €355 million to €395 million net profit Elia Group share range, resulting in an adjusted return on equity at the upper end of 7% to 8% range.

see & read more on
https://www.elia.be/en/news/press-releases/2024/11/20241129_elia-group-q3-2024_press_release



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