Elia Group stock gains after EU merger approval

Published on 09/18/2026 at 23:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elia Group stock traded at EUR 121.80 on September 18, 2026, after the European Commission approved the Publigas and Publi-T merger. Half-year revenue rose 18 percent.

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Elia Group stock (BE0003822393) traded at EUR 121.80 on September 18, 2026, down 0.16 percent in real-time Brussels trading, while the BEL 20 was up 4.10 percent year to date and 11.03 percent over five days. The move came after the European Commission approved the merger between Publigas and Publi-T, as Zonebourse reported on September 18, 2026.

Merger approval sets the tone

Zonebourse said the stock was last at EUR 121.80 at 13:25:14 on September 18, 2026, with a prior close of EUR 122.00 and a year-to-date gain of 11.03 percent. The same report listed an average analyst recommendation of Buy from 15 analysts, with a mean target price of EUR 149.17.

For investors, the gap to that target still matters: EUR 121.80 is 18.4 percent below EUR 149.17. The report also pointed to a five-day rise of 4.10 percent, which keeps the chart in view after the merger news.

Half-year figures stay relevant

Elia's latest half-year update, as summarized by Zonebourse, said revenue in the first half of 2026 rose 18 percent. TradingView also cited first-half revenue of EUR 2.56 billion, net income of EUR 348.70 million and EBITDA of EUR 2.62 billion, with an EBITDA margin of 51.35 percent.

That combination gives the stock a second anchor beyond the headline event: higher revenue, solid profitability and a share price that is still below the average target. The next milestone in the market calendar is the Q3 2026 results on November 27, according to the company profile on Zonebourse.

Stock level to watch

Elia Group stock stood at EUR 121.80 on September 18, 2026, with a quoted prior close of EUR 122.00 and a year-to-date gain of 11.03 percent. The share was also trading 18.4 percent below the EUR 149.17 average target cited in the September 18, 2026 market summary.