Consolidated results of the EPSO-G Group for the nine months of 2023

EPSO-G energy transmission and exchange group (company code 302826889, registered office address Gedimino pr. 20, Vilnius, Lithuania)EPSO-G announces the consolidated results for the nine months 2023 of the Group, which comprises the holding company EPSO-G and companies Amber Grid, Baltpool, Energy cells, Litgrid and Tetas.Key financial indicators for the 9-month period: Key financial indicators2023,9-month period2022,9-month periodChange, % Revenue, EUR million...

EPSO-G energy transmission and exchange group (company code 302826889, registered office address Gedimino pr. 20, Vilnius, Lithuania)

EPSO-G announces the consolidated results for the nine months 2023 of the Group, which comprises the holding company EPSO-G and companies Amber Grid, Baltpool, Energy cells, Litgrid and Tetas.

Key financial indicators for the 9-month period:

Key financial indicators	2023, 9-month period	2022, 9-month period	Change, %
Revenue, EUR million	355.1	417.3	-14.9
EBITDA, EUR million	78.2	-16.4	-
Net profit, EUR million	53.9	-38.0	-
ROE (last 12 months), %	19.3	-12.7	-
Adjusted* EBITDA, EUR million	46.6	48.9	-4.7
Adjusted* net profit, EUR million	17.9	17.8	0.9
Adjusted* ROE (last 12 months), %	8.5	9.9	-
Ratio of cash flow from operating activities (last 12 months) to net debt	3.0	-	-
Ratio of net debt to EBITDA (last 12 months)	0.3	-	-

* The recalculation of regulated revenue, cost and profitability ratios is due to temporary regulatory deviations from the regulated profitability approved by the National Energy Regulatory Council (NERC). The calculation of the adjusted indicators takes into account the adjustment of revenues for prior periods, which has already been approved by the NERC decision for the purpose of setting the regulated prices for transmission services for the reference period, and the deviation between the profitability approved by the NERC for the reference period and the actual profitability, which will be taken into account by the NERC in setting the transmission prices for the following period.

Enclosed:

1. Condensed consolidated and separate financial statements of the EPSO-G Group dated 30 September 2023;
2. Press release.

For more information, please contact
Gediminas Petrauskas, EPSO-G Communication partner
Tel.: +370 610 63306, e-mail: [email protected]

Attachments

• 2023_Q3_Condensed_consolidated_and_separate_financial_statements_of_the_EPSO-G_Group
• 2023-11-14_Nine-month results of the EPSO-G Group