Brief: Elia Group Ups FY Outlook, Misses H1 Revenue, Adj. EBIT Consensus

Elia SA

24/07/2024 06:07

July 24 (Reuters) - Elia Group SA  ELI.BR :
    * H1 REVENUE EUR 1.91 BILLION VERSUS COMPANY CONSENSUS EUR
2.18
BILLION
    * FULL YEAR GUIDANCE REVISED UPWARDS
    * H1 ADJUSTED EBIT EUR 385.8 MILLION VERSUS COMPANY
CONSENSUS EUR
413.2 MILLION
    * H1 ADJUSTED NET PROFIT EUR 218.8 MILLION VERSUS COMPANY
CONSENSUS EUR 216.6 MILLION
    * FY OUTLOOK: NET PROFIT ELIA GROUP SHARE BETWEEN €355-€395
MILLION
    * FY OUTLOOK: ADJUSTED RETURN ON EQUITY OF BETWEEN 7% TO 8%
    * ANTICIPATES THAT THE NET PROFIT ELIA GROUP SHARE, WILL
RANGE
BETWEEN €355 MILLION AND €395 MILLION

Source text: https://tinyurl.com/2s8h4ez6
Further company coverage:  ELI.BR 

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