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AB Amber Grid Group Consolidated Operating Results for the 1st Quarter of 2019

AB Amber Grid delivers consolidated and unaudited results of the Group consisting of AB Amber Grid and UAB GET Baltic for the 1st quarter of 2019 prepared according to the International Financial Reporting Standards:

• Revenue for the 1st quarter of 2019 – EUR 15 million (the 1st quarter of 2018 – EUR 15.6 million);
• Profit before tax for the 1st quarter of 2019 – EUR 5.7 million (the 1st quarter of 2018 – EUR 6.1 million);
• Net profit for the 1st quarter of 2019– EUR 4.7 million (the 1st quarter of 2018 – EUR 5.2 million).
• EBITDA (earnings before interest, taxes, depreciation and amortisation) for the 1st quarter of 2019 amounted to EUR 8.3 million, a decrease of 11% in comparison with the 1st quarter of 2018 (EUR 9.3 million).

Attached:
1. AB Amber Grid consolidated and separate condensed financial statements as of 31 March 2019;
2. Press release.

 

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