Litgrid results for the three months of 2023

Lithuanian electricity transmission system operator LITGRID AB (company code 302564383, registered office address Karlo Gustavo Emilio Manerheimo str. 8, Vilnius, Lithuania) is publishing results of the Company for the three months of 2023. Main financial results Q1 2023Q1 2022Revenue, EUR million86.8 67.8EBITDA, EUR million19.9 3.4 Net profit, EUR million12.9 -2.0ROE (for the last 12 months), percents-17.3 2.9 Adjusted*...

Lithuanian electricity transmission system operator LITGRID AB (company code 302564383, registered office address Karlo Gustavo Emilio Manerheimo str. 8, Vilnius, Lithuania) is publishing results of the Company for the three months of 2023.

Main financial results	Q1 2023	Q1 2022
Revenue, EUR million	86.8	67.8
EBITDA, EUR million	19.9	3.4
Net profit, EUR million	12.9	-2.0
ROE (for the last 12 months), percents	-17.3	2.9
Adjusted* EBITDA, EUR million	9.4	9.3
Adjusted* Net profit, EUR million	4.0	3.0
Adjusted* ROE (for the last 12 months), percents	6.0	6.2

*The adjustment of regulated income, costs and profitability indicators is carried out due to temporary regulatory difference from the regulated profitability approved by NERC. The indicators are adjusted by the correction of income, which has already been approved by the decision of NERC when the regulated transmission service prices of the reporting period were approved. Also, the indicators are adjusted by the deviation of the NERC-approved (regulated) and actual profitability of the reporting period, which NERC will evaluate when determining the transmission service prices for the coming period.

Attached:

1. Financial results of the Company.

More information:

Jurga Eivaitė
Communications Project Manager
+370 613 19977
[email protected]

Attachment

• LITGRID FA 20230331 EN 2023-05-04