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Elia System Operator NV (ELI.BR)

ELI.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Elia To Acquire Additional 20% Stake In 50Hertz
Friday, 23 Mar 2018 03:05am EDT 

March 23 (Reuters) - Elia System Operator Nv ::ELIA HAS DECIDED TO ACQUIRE AN ADDITIONAL 20% STAKE IN GERMAN TRANSMISSION SYSTEM OPERATOR 50HERTZ.INCREASE ITS SHARE IN EUROGRID, HOLDING COMPANY ABOVE 50HERTZ, FROM 60% TO 80%..WILL BE ENTITLED TO FULLY CONSOLIDATE 50HERTZ AFTER TRANSACTION.TRANSACTION PRICE AMOUNTS TO EUR 976.5 MILLION AND CAN BE FINANCED VIA 70% HYBRID AND 30% SENIOR DEBT ISSUANCE.  Full Article

Elia System Operator FY Normalised Net Profit Up 28.9% To 216.6 Million Euros
Friday, 23 Feb 2018 02:02am EST 

Feb 23 (Reuters) - ELIA SYSTEM OPERATOR NV ::FY NORMALISED NET PROFIT UP 28.9% TO EUR 216.6 MILLION.FY NET PROFIT EUR 229.1 ‍​MILLION VERSUS EUR 179.8 MILLION YEAR AGO.IN BELGIUM REMAIN POSITIVES IN ABILITY TO ACHIEVE A RETURN (ROE) IN LINE WITH THAT OF 2017‍​.FY EBITDA EUR 475.5 ‍​MILLION VERSUS EUR 425.0 MILLION YEAR AGO.FY REVENUE EUR 887.5 MILLION VERSUS EUR 868.1 MILLION YEAR AGO.IN BELGIUM INVESTMENT PROGRAMME WILL BE FURTHER INCREASED TO APPROX €650 MILLION IN 2018.DIVIDEND OF €1.62 TO BE PROPOSED AT THE GENERAL MEETING ON 15 MAY 2018‍​.BELGIUM: TARGETS INVESTING IN FURTHER UPGRADING AND EXPANDING GRID, SPECIFICALLY €390 MILLION FOR BELGIAN HIGH-VOLTAGE GRID.BELGIUM: TARGETS INVESTING IN FURTHER UPGRADING AND EXPANDING GRID, SPECIFICALLY €68 MILLION FOR NEMO PROJECT.IN GERMANY WE REMAIN CONFIDENT IN OUR ABILITY TO ACHIEVE A RETURN (ROE) BETWEEN 10 AND 12% IN 2018.GERMANY: 50HERTZ TRANSMISSION INTENDS TO INVEST APPROXIMATELY € 470 MILLION IN 2018.  Full Article

Elia Grid International Concludes Strategic Alliance Agreement With Euroasia Interconnector
Wednesday, 20 Dec 2017 04:03am EST 

Dec 20 (Reuters) - ELIA SYSTEM OPERATOR NV ::ELIA GRID INTERNATIONAL CONCLUDES STRATEGIC ALLIANCE AGREEMENT WITH EUROASIA INTERCONNECTOR.  Full Article

Elia System Operator Remains Optimistic For 2017 Results‍​
Friday, 1 Dec 2017 01:55am EST 

Dec 1 (Reuters) - ELIA SYSTEM OPERATOR NV ::ELIA IS POSITIVE ON THE 2017 GROUP RESULTS‍​.REMAINS OPTIMISTIC FOR 2017 RESULTS‍​.EXPECTS SOLID RESULTS IN GERMANY WITH REGULATORY FRAMEWORK REMAINING STABLE THROUGH 2017‍​.  Full Article

Elia System Operator H1 EBITDA up 11.6% at EUR 237.1 mln
Friday, 28 Jul 2017 04:45am EDT 

July 28 (Reuters) - ELIA SYSTEM OPERATOR ::H1 REVENUE EUR 438.3 MLN VS EUR 405.1 MLN YEAR AGO.H1 EBITDA EUR 237.1 MLN VS EUR 212.5 MLN YEAR AGO.H1 NORMALISED NET PROFIT EUR 111.0 MLN VS EUR 84.6 MLN YEAR AGO.  Full Article

Elia system operator confirms positive outlook for 2017
Wednesday, 17 May 2017 02:27am EDT 

May 17 (Reuters) - Elia System Operator NV ::Positive outlook confirmed for 2017.  Full Article

Elia System Operator's Board approves estimated 400 million euro-investment for a 'modular offshore grid'
Thursday, 13 Apr 2017 12:25pm EDT 

Elia System Operator NV : Board of Directors of Elia has approved investment for an 'electricity plug' or 'modular offshore grid' (MOG) in North Sea . The modular offshore grid is scheduled to be taken into use in the third quarter of 2019 .Estimated total investment for elia will amount to 400 million euros ($425.2 million).  Full Article

Elia System Operator issues 10-year 250 million euro bond
Monday, 3 Apr 2017 04:59am EDT 

Elia System Operator NV : On March 31 successfully issued a new 10-year 250 million euro bond off its 3 billion euro EMTN programme .Settlement date for the bond issue is expected to be 7 April 2017.  Full Article

Euronext announces quarterly revision of Belgian indices
Tuesday, 7 Mar 2017 12:13pm EST 

Euronext NV : Announces quarterly review of the BEL 20 <.BFX>, BEL Mid <.BELM> and BEL small <.BELS> indices . Aperam SA and Sofina SA to be included in the BEL 20 . Koninklijke Ahold Delhaize NV and Elia System Operator NV to be removed from the BEL 20 . Ascencio SCA , Biocartis Group NV , Tinc Comm VA and Elia to be included in the BEL Mid index . Sofina to be removed from the BEL Mid . Biocartis and Tinc to be removed from the BEL Small index .Changes will be effective as of March 20, 2017.  Full Article

Elia System Operator FY net profit down at 179.8 million euros
Friday, 24 Feb 2017 01:28am EST 

Elia System Operator NV : FY revenue 868.1 million euros ($918.36 million) versus 851.4 million euros year ago . FY EBITDA 425.0 million euros versus 442.8 million euros year ago . FY net profit 179.8 million euros versus 210.6 million euros year ago . 2016 normalised net profit down 4.4 pct to 168.0 million euros following increased maintenance expenses in Germany (result down by 22.2 pct) . Dividend of 1.58 euro will be proposed at the General Assembly on 16 May 2017 .In 2017, Elia Transmission expects to invest approximately 488 million euros in further strengthening and expanding its grid.  Full Article