Amber Grid Reports Strong Performance for 2024 Financial Year
Overview of Amber Grid's Financial Performance in 2024
Amber Grid has recently published its financial results for the 2024 fiscal year, showcasing its performance during a challenging economic landscape. During the Ordinary General Meeting of Shareholders, the audited financial statements were approved, marking a significant step in the company's ongoing commitment to transparency and accountability.
Key Financial Highlights
For the year 2024, Amber Grid reported notable financial indicators that reflect its operational efficiency and strategic initiatives:
• Revenue: EUR 74.6 million compared to EUR 82.2 million in 2023.
• EBITDA: EUR 26.5 million, a slight increase from EUR 26.3 million the previous year.
• Net Profit: EUR 8.3 million, down from EUR 13.0 million in 2023.
Profit Distribution Approved
During the meeting, the distribution of profits for the current year was approved, reinforcing the company's commitment to returning value to its shareholders. These decisions are strategically significant as Amber Grid navigates through the competitive energy market, ensuring sustainability and growth for the future.
Documentation and Additional Information
As part of the meeting, essential documents were presented, including:
- Consolidated and separate financial statements for 2024.
- Annual report highlighting the company's achievements and future strategies.
- Approval of responsible persons involved in the financial oversight.
- Independent auditor's report detailing the financial integrity and compliance of the company.
- Allocation plan for the profit distribution for 2024.
Contact Information for Inquiries
For additional inquiries regarding the material events, Amber Grid has designated Laura Šebekien?, the Head of Communications, to assist:
Name: Laura Šebekien?
Position: Head of Communications
Phone: +370 699 61 246
Email: l.sebekiene@ambergrid.lt
Frequently Asked Questions
What were the total revenues for Amber Grid in 2024?
The total revenues for Amber Grid in 2024 were EUR 74.6 million, down from EUR 82.2 million in 2023.
How much EBITDA did Amber Grid report for 2024?
Amber Grid reported an EBITDA of EUR 26.5 million for 2024, showing a slight increase from the previous year's EUR 26.3 million.
What was the net profit for Amber Grid in 2024?
The net profit for Amber Grid in 2024 was EUR 8.3 million, a decrease compared to EUR 13.0 million in 2023.
Who can provide more information about Amber Grid's financials?
Laura Šebekien?, the Head of Communications at Amber Grid, can provide additional information regarding financial inquiries.
Has Amber Grid approved profit distribution for 2024?
Yes, the General Meeting of Shareholders approved the distribution of profits for Amber Grid for the year 2024.
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