Elia stock trades at EUR 117.90 as Q2 revenue reaches EUR 2.56 billion

Published on 10/03/2026 at 21:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elia stock delivered EUR 369.8 million in Q2 net profit versus EUR 142.05 million a year earlier. UBS set a EUR 147.00 target on September 11, 2026.

Schwarzweiß-Reportagefoto von Arbeitern an einem Hochspannungsmast — Elia Group S.A. (BE0003822393) zeigt in Schwarzweiß Techniker bei Wartungsarbeiten an einem Hochspannungsmast, Illustration mit AI erstellt.

Elia Group (ISIN BE0003822393) traded at EUR 117.90 on Euronext Brussels on October 2, 2026, at 5:38 p.m. CET. The latest reported quarter brought revenue of EUR 2.56 billion and net profit of EUR 369.8 million, putting operating performance ahead of the comparable year-earlier figures.

Quarterly revenue reaches EUR 2.56 billion

According to The Globe and Mail, Elia Group reported EUR 2.56 billion of quarterly revenue for the period ended June 30, 2026, compared with EUR 1.09 billion in the prior-year period. That is a EUR 1.47 billion increase, or 134.9 percent, based on the two reported revenue figures.

Quarterly net profit also rose to EUR 369.8 million from EUR 142.05 million, an increase of EUR 227.75 million. The comparison matters because Elia combines regulated transmission operations in Belgium and Germany with large-scale grid investment projects, making revenue growth relevant alongside earnings conversion.

UBS sets a EUR 147.00 target

The Globe and Mail reported on September 11, 2026, that UBS analyst Wanda Serwinowska upgraded Elia Group to Buy and set a EUR 147.00 price target. The target lies 24.7 percent above the EUR 117.90 reference price, using the same currency and the October 2, 2026, trading snapshot.

The company is also progressing with infrastructure financing. MarketScreener carried a Reuters report dated September 7, 2026, stating that the European Investment Bank provided Elia with EUR 1 billion for the Princess Elisabeth energy island. The financing supports the grid expansion story but also underscores the capital intensity of the companys growth plans.

Q3 results are scheduled for November 27

Elia Groups investor-relations calendar lists the Q3 2026 quarterly statement for November 27, 2026, providing the next dated checkpoint for revenue, earnings and project execution. The combination of EUR 2.56 billion in quarterly revenue, EUR 369.8 million in net profit and the EUR 147.00 UBS target gives investors three measurable reference points for that update.