Elia Group shares rise on 'strong' outlook, profit beat

Elia SA

05/03/2026 08:34

** Shares of Elia Group SA ELI.BR rise 3.5% after the Belgian electricity system operator posted broadly in-line annual results and guided FY 2026 net profit above analysts expectations

** FY 2025 net group profit came in at 556.6 million euros ($645.9 million), beating the 526.8 million euros expected by analysts in a company provided poll

** Elia forecasts a net group profit of between 690 million-740 million euros in 2026, above the 644 million euros anticipated by analysts

** "We expect Elia to continue its strong performance as it has been a good hiding place in the current market uncertainty," KBC Securities says

** Broker adds that the company's outlook in Germany is particularly strong thanks to high capex remuneration and interest capitalisation

($1 = 0.8617 euros)

(Reporting by Hugo Lhomedet)

((hugo.lhomedet@thomsonreuters.com))