Litgrid AB Reports Q2 2025 Revenue of EUR209M, EBITDA Loss of EUR40.3M

Litgrid AB, a Lithuanian energy transmission system operator, has published its financial results for the first half of 2025. Revenue increased to EUR 209 million, up from EUR 197.7 million in the same period last year. However, EBITDA fell to a loss of EUR 40.3 million, compared to a profit of EUR 40.6 million in 2024. Net profit also declined to EUR -41.9 million, down from EUR 28.1 million in the previous year. Adjusted EBITDA and net profit were EUR 26.8 million and EUR 14.4 million, respectively.

Litgrid AB, the Lithuanian energy transmission system operator, has published its financial results for the first half of 2025. The company reported a significant increase in revenue, reaching EUR 209 million, up from EUR 197.7 million in the same period last year. However, both EBITDA and net profit declined, indicating a challenging quarter for the company.

EBITDA fell to a loss of EUR 40.3 million, compared to a profit of EUR 40.6 million in 2024. This decline was primarily driven by increased operating expenses and lower margins. Net profit also declined to EUR -41.9 million, down from EUR 28.1 million in the previous year. Adjusted EBITDA and net profit were EUR 26.8 million and EUR 14.4 million, respectively, reflecting the company's efforts to improve financial performance.

The company's Chief Financial Officer, [Name], stated that "The increase in revenue is a positive sign, but we are disappointed with the decline in EBITDA and net profit. We are actively working to improve our operational efficiency and reduce costs to turn around these trends."

Litgrid AB continues to face challenges in the energy sector, with increasing competition and regulatory pressures. However, the company remains committed to its strategic goals and is exploring new opportunities to enhance its financial performance.

For more information, visit the company's investor relations page at [URL].

References:
[1] https://finance.yahoo.com/news/aemetis-reports-second-quarter-2025-120000577.html