AB Amber Grid (AMG1L) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 rose 58% year-over-year to €32.8 million, driven by higher transmission volumes and prices.

• Net profit surged to €15.8 million from €4.2 million in Q1 2025, with EBITDA up to €23.3 million from €8.9 million.

• Adjusted EBITDA was €8.3 million, reflecting regulatory adjustments and one-off items.

• The company operates solely in the Lithuanian natural gas transmission segment.

Financial highlights

• Revenue: €32.8 million, up 58% year-over-year.

• EBITDA: €23.3 million (Q1 2025: €8.9 million); EBIT: €19.6 million (Q1 2025: €5.2 million).

• Net profit: €15.8 million (Q1 2025: €4.2 million); EPS: €0.09 (Q1 2025: €0.02).

• Operating expenses (excl. D&A): €9.6 million, down from €11.9 million.

• Cash and cash equivalents at period end: €0.8 million.

Outlook and guidance

• Dividend of €9.99 million (€0.0560/share) approved for 2025, paid after period end.

• No explicit forward-looking financial guidance provided.