Belgium's Fluxys H1 revenue rises on stable gas consumption, high transit volumes

Fluxys Belgium SA

28/09/2026 17:09

Overview
Belgium gas infrastructure operator's H1 2026 revenue rose 13.7 mln EUR yr/yr
Company saw stable gas consumption, declining LNG supplies since May, and biomethane growth
Progress made on hydrogen network and CO₂ infrastructure, including cross-border initiatives

Outlook
Company did not provide specific financial guidance for the current or future periods

Result Drivers
HIGH TRANSIT VOLUMES - Co said natural gas transit volumes remained high in H1 2026
DECLINING LNG SUPPLIES - Co said LNG supplies declined since May
BIOMETHANE GROWTH - Co said biomethane activities continued to grow, with bio-LNG remaining at a high level

Company press release: ID:nGNE7LKzX1

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 343 mln
 

Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the oil & gas transportation services peer group is "buy."
Wall Street's median 12-month price target for Fluxys Belgium SA is €26.00, about 20.4% above its September 25 closing price of €21.60
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)