In 2019 , the year of transformation, Ignitis Group improved its financial indicators - Seite 3

•   The Group‘s net profit increased by 382.6% to EUR 60.9 million. The Group’s adjusted net profit amounted to EUR 102.5 million, which is 26.5% more compared to EUR 81 million during 2018;
•   The level of the return on equity ratio was equal to 4.6% compared to -1.6% in 2018. The level of the adjusted return on equity ratio was equal to 7.7% compared to 6.1% in 2018;
•   Investments increased to EUR 431.2 million, which is 0.5% more compared to EUR 429.3 million during 2018. Investments were mainly allocated for investments in cogeneration plants’ projects in Vilnius and Kaunas (47.7%), development of the electricity distribution network (18.3%) and development of gas distribution network (10.3%).

*The Group’s EBITDA and net profit is adjusted (1) by eliminating deviation between actual and regulated revenue, by which the Group‘s future financial results will be adjusted; (2) by eliminating the significant impact of one-off factors.

Attachments

• Ignitis grupe_2019_interim report
• Ignitis grupe_2019_condensed interim financial information
• 2020-02-28 Certification Statement