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4 FAQs about [Laos elia group]
What services does Elia Group provide?
In addition to its activities as a transmission system operator, Elia Group provides consulting services to international customers through its subsidiary Elia Grid International.
Who is the main shareholder of Elia Group?
The major shareholder of Elia Group is Publi-T. Other than the yearly dividend payment, no transactions occurred with the core shareholder during the six months ended 30 June 2024. Key management personnel include Elia Group’s Board of Directors and Elia Group’s Management Committee, both of which have a significant influence over the entire Group.
What was Elia Group's net profit?
The net profit of Elia Group attributable to the owners of ordinary shares (after deducting the €22.6 million in non-controlling interest and €14.5 million attributable to hybrid securities holders) increased to €181.6 million.
Does Elia Group have a good credit rating?
The net proceeds from this issuance are intended for general corporate uses, including financing Eurogrid and refinancing existing debt. These activities have resulted in an increase in Elia Group's average cost of debt to 2.79% (+69 bps). The credit rating of Elia Group by Standard & Poor's remains BBB with a stable outlook.
