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Eurogrid GmbH: 50Hertz/Eurogrid publish financial statement 2019

Berlin (pta021/09.03.2020/11:32 UTC+1) Eurogrid GmbH published today its consolidated annual accounts 2019. During the 50Hertz Transmission GmbH/Eurogrid GmbH annual analyst conference call CFO Marco Nix presented the financial results for 2019.

Key figures (in mEur):

20192018
Revenue10,68610,205
Total turnover1,3601,365
EBITDA537546
Group profit178238
Total assets7,0827,638
Equity1,5491,495


The consolidated financial statement and group management report and the analyst call presentation are available for download on https://www.eurogrid.com

Eurogrid GmbH (Eurogrid) is a company active in the energy industry, having its registered office in Berlin. Eurogrid invests in electricity infrastructure and offers services to its customers in the sector. The company is majority-owned by the Belgian Elia Group, listed on the Belgian stock exchange. Eurogrid owns 100 % of the shares in German electricity transmission system operator 50Hertz Transmission GmbH (50Hertz).

As part of the Elia Group, 50Hertz operates the transmission grid in northern and eastern Germany and is responsible for the secure electricity supply to around 18 million people. The share of fluctuating renewable energies in the 50Hertz grid area is 60 percent, which is a worldwide peak value.

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Emitter: Eurogrid GmbH
Heidestraße 2
10557 Berlin
Germany
Contact Person: Robert Weigert
Phone: +49 30 5150 2363
E-Mail: robert.weigert@eurogrid.com
Website: www.eurogrid.com
ISIN(s): XS0551935769 (Bond) XS1243251375 (Bond) XS1315101011 (Bond) XS1315150570 (Bond) XS1396285279 (Bond)
Stock Exchange(s): Free Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart
Other Stock Exchanges: Regulated Market in Luxembourg (LSE)
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