Elia Group stock reflects 29.4 percent profit growth

Published on 09/24/2026 at 23:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elia Group stock tracked H1 2026 net profit of EUR 348.7 million. Full-year guidance stays at EUR 690 million to EUR 740 million after a EUR 1 billion EIB facility.

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Elia Group (ISIN BE0003822393) stood at EUR 118.20 on Euronext Brussels on September 23, 2026 at 5:35 p.m. CET, down 1.83 percent. The key operating signal is the Belgian grid operator's first-half profit growth, with the next investment phase already tied to a EUR 1 billion financing facility.

Profit rises 29.4 percent

Elia Group's net profit attributable to the group rose 29.4 percent year over year to EUR 348.7 million in H1 2026, according to Lightyear. The increase gives the stock a measurable earnings base, but the unchanged full-year outlook places more emphasis on execution than on fresh guidance upgrades.

Elia reaffirmed full-year 2026 net profit guidance of EUR 690 million to EUR 740 million, also reported by Lightyear. The midpoint of that range is EUR 715 million, more than double the H1 attributable result, although the two figures cover different periods and should not be treated as a direct performance comparison.

EUR 1 billion funds infrastructure

On September 7, 2026, Elia secured a EUR 1 billion credit facility from the European Investment Bank for the Princess Elisabeth energy island. Reuters reported that the project will connect future offshore wind farms to the Belgian grid, linking the financing directly to Elia's long-term network expansion.

That capital commitment matters because Elia operates transmission systems in Belgium and Germany and manages high-voltage electricity infrastructure, according to Stock Analysis. The business combines regulated assets with a large construction program, so financing costs and regulatory returns remain central valuation variables.

UBS target moves to EUR 144

Valuation expectations also shifted on September 24, 2026. UBS maintained its Buy rating but lowered its target from EUR 147 to EUR 144, while the consensus median stood at EUR 150, according to Ideal Investisseur. The adjustment makes the guidance range and the H1 profit delivery more important than a single analyst target.

Stock stands at EUR 118.20

Elia Group stock stood at EUR 118.20 on Euronext Brussels on September 23, 2026 at 5:35 p.m. CET, down 1.83 percent from the prior close. The reference listing is Euronext Brussels, where the shares trade under ticker ELI.