Audited financial statements and management report of LITGRID AB for the year 2025

Core Insights - LITGRID AB, an electricity transmission system operator in Lithuania, has published its audited financial statements for the year ended December 31, 2025, highlighting significant changes in key financial metrics compared to 2024 [1]. Financial Performance Summary - Revenue increased to EUR 431.1 million in 2025 from EUR 378.3 million in 2024, reflecting a growth of approximately 14.0% [2]. - EBITDA decreased to EUR 48.9 million in 2025 from EUR 60.5 million in 2024, showing a decline of about 19.5% [2]. - Net profit fell to EUR 34.2 million in 2025 from EUR 49.0 million in 2024, representing a decrease of approximately 30.4% [2]. - Return on Equity (ROE) decreased to 13.0% in 2025 from 19.7% in 2024 [2]. - Adjusted EBITDA rose to EUR 53.0 million in 2025 from EUR 47.6 million in 2024, indicating an increase of about 9.0% [2]. - Adjusted Net Profit increased to EUR 37.7 million in 2025 from EUR 34.3 million in 2024, reflecting a growth of approximately 10.0% [2]. - Adjusted ROE improved to 14.3% in 2025 from 13.8% in 2024 [2]. Regulatory Adjustments - The adjustments in profitability indicators are due to temporary regulatory differences from the regulated profitability approved by the National Energy Regulatory Council, which includes corrections of income and deviations between regulated and actual profitability [2].