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

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

• Revenue for the 1st half of 2019 – EUR 26 million (the 1st half of 2018 – EUR 27.6 million);
• Profit before tax for the 1st half of 2019 – EUR 6.1 million (the 1st half of 2018 – EUR 7.5 million);
• Net profit for the 1st half of 2019– EUR 5.1 million (the 1st half of 2018 – EUR 6.5 million).
EBITDA (earnings before interest, taxes, depreciation and amortisation) for the 1st half of 2019 amounted to EUR 11.4 million, a decrease of 18.8% in comparison with the 1st half of 2018 (EUR 14 million).
 
Attached:
1. Amber Grid consolidated and separate condensed financial statements as of 30 June 2019;
2. Amber Grid Group Interim report for the six-month period ended 30 June 2019;
3. Confirmation of responsible persons;
4. Press release.

 

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