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Litgrid AB/€LGD1L

1D1W1M3M6MYTD1Y5YMAX

About Litgrid AB

Ticker
€LGD1L
Sector
Utilities
Primary listing
XLIT
Employees
506
Headquarters
Vilnius, Lithuania

Litgrid AB Metrics

BasicAdvanced
€560M
4.86
€0.23
0.16
€0.05
4.86%

Bulls say / Bears say

First-half adjusted EBITDA rose 12% and adjusted net profit rose 40%, while net debt fell 19% to €24.4 million. This points to improving underlying returns and a stronger balance sheet, beyond the large swing in reported profit. (GlobeNewswire)
Litgrid’s 2026–35 plan envisages about €2.5 billion of grid investment as electricity demand and renewable capacity expand. A larger regulated asset base can support recoverable capital costs, which helped lift adjusted EBITDA in the first half. (Litgrid, Litgrid)
A state-backed programme to reinforce Lithuania’s links with Latvia could nearly double cross-border capacity to 2,250 MW and enable more renewable generation to connect. That creates scope for greater grid use and strengthens Litgrid’s role in regional power trading. (Litgrid)
The headline first-half profit recovery overstates the improvement in routine performance: adjusted EBITDA rose only 12%, and the company said favourable ancillary-services results drove the reported EBITDA swing. Adjusted net profit also included a €5.2 million tax incentive benefit. (Litgrid)
Security requirements have added at least €48 million to the planned cost of the Gižai substation, and Litgrid says the bill could rise further if geopolitical conditions worsen. The company is seeking EU support, leaving a risk that project costs or funding needs exceed expectations. (Reuters)
Lithuania’s power-system adequacy remains sensitive to interconnector availability: a technical assessment found short-term high-voltage cable outages increase expected energy not served about fourfold, and identified a need for roughly 800 MW of flexible generation. Such vulnerabilities could make Litgrid’s system-balancing and reliability task more demanding. (Artelys)
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2026.

Litgrid AB Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by Nasdaq Baltic.