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Litgrid AB (LGD1L.VL)

LGD1L.VL on Vilnius Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Litgrid says Q1 2017 net profit of group widens to EUR 4.5 million
Thursday, 25 May 2017 09:06am EDT 

May 25 (Reuters) - LITGRID AB : :SAYS NET PROFIT OF GROUP FOR Q1 OF 2017 WAS EUR 4.5 MILLION (2016: EUR 3 MILLION).SAYS IN FIRST THREE MONTHS OF YEAR, GROUP'S INCOME ROSE 8 PERCENT TO EUR 41.8 MILLION.Q1 EBITDA EUR 12.8 MILLION 15 PERCENT INCREASE COMPARED WITH SAME PERIOD OF 2016.  Full Article

Litgrid AB decides tO distribute dividend of 0.0036 euro per share for FY 2016
Tuesday, 25 Apr 2017 10:00am EDT 

April 25 (Reuters) - Litgrid AB ::Says decided on the distribution of company's profit for 2016 and payment of an 0.0036 euro ($0.0039) dividend per share.  Full Article

Litgrid FY 2016 sales jump to 168.1 mln euros
Thursday, 23 Feb 2017 09:30am EST 

Litgrid AB : Preliminary unaudited revenues of litgrid group in 2016 were 168.1 million euros ($177.72 million), up 68 percent from previous year .In 2016, Litgrid group's EBITDA totalled 49.9 million euros, which is 88 percent higher than that of previous year.  Full Article

NCC for Prices and Energy set price cap for electricity transmission - Litgrid
Friday, 30 Sep 2016 08:23am EDT 

Litgrid AB :National Control Commission for Prices and Energy set price cap of 0.672 EUR ct/kwh for high voltage electricity transmission rate with effect from January 1, 2017.  Full Article

Litgrid Q2 net profit up at EUR 3.8 mln
Wednesday, 24 Aug 2016 08:00pm EDT 

Litgrid AB : Q2 turnover 43.9 million euros ($49.56 million) versus 23.3 million euros year ago . Q2 operating profit 4.1 million euros versus 428,000 euros year ago .Q2 net profit 3.8 million euros versus 370,000 euros year ago.  Full Article

Affecto: agreement with Lithuanian electricity transmission system operator
Thursday, 11 Aug 2016 10:24am EDT 

Affecto Oyj : Says has signed an agreement with Lithuanian electricity transmission system operator, AB Litgrid . Value of agreement is about 1 million euros ($1.12 million) .Agreement also includes a three-year warranty and maintenance.  Full Article

Litgrid AB: Chair of EPSO-G Supervisory Board elected
Monday, 13 Jun 2016 04:55am EDT 

Litgrid AB :An independent member of EPSO-G supervisory board Viktorija Trimbel was elected chair of supervisory board.  Full Article

Litgrid Q1 profit up at EUR 4.9 mln
Friday, 27 May 2016 01:11am EDT 

Litgrid AB : Q1 profit 4.9 million euros ($5.49 million) versus 2.0 million euros year ago .Q1 income 40.8 million euros, up 63 per cent versus year ago.  Full Article

Litgrid AB signs an agreement on partial LitPol Link funding
Tuesday, 3 Nov 2015 08:00am EST 

Litgrid AB:Says signs agreement with European Union Innovation and Networks Executive Agency (INEA) on partial LitPol Link project funding.Financial support of 27 million euros from Connecting Europe Facility (CEF) were approved for project in July.  Full Article

Litgrid AB updates on long-term loan agreement
Wednesday, 16 Sep 2015 07:57am EDT 

Litgrid AB:Says on Sept. 11, it informed participants of tender of 75 million euros long-term loan (announced on July 27).Says as decided by procurement commission, best bid was submitted by SEB.Says loan agreement is expected to be signed after mandatory 15-day postponement of contract signing period as in accordance with procurement procedures.SEB will be paid 942,200 euros for a three-year loan.  Full Article

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