IGNITIS GRUPE

Ignitis Group reported an adjusted EBITDA of €306m for H1 (+2%) and an adjusted net profit of €116m (−21%) — burdens from higher impairments and weaker financial performance. The share subsequently fell 7.04% to $0.66 and is trading near its 52‑week low. The company confirmed its 2026 guidance (adjusted EBITDA €550–600m), emphasized that projects in renewables, storage and grids are on schedule, and plans the early refinancing of €300m of bonds. Net debt stands at €1.9bn (net debt/EBITDA 3.5x) and free cash flow was slightly positive in H1. » Altro su de.investing.com

Ignitis grupė has convened an extraordinary general meeting for 9 September 2026 in Vilnius. Agenda items include approval of the interim financial statements as of 30 June 2026, review of the consolidated interim report and approval of a new version of the articles of association. The supervisory board proposes a dividend of €0.704 per ordinary share, corresponding to a total payout of €50,961,827.84 for the six-month reporting period. Registration for the meeting is on the day of the event between 15:20 and 15:45 local Vilnius time. » Altro su de.investing.com

Ignitis Grupė has presented a 2026–2029 strategy plan with investments of €2.5–3.0 billion, of which about 55% will go to expanding the electricity distribution network and roughly 40% to green generation and flexibility technologies. The company aims for installed green capacity of 2.8–3.2 GW by 2029 (2.1 GW in 2025). For the end of 2029 it expects adjusted EBITDA of €640–700 million, adjusted net profit of €250–290 million and adjusted earnings per share of €3.5–4.0; the minimum dividend for 2029 has been confirmed at €1.54 per share. The company also targets a Scope‑1/2 CO2 intensity reduction to 180 g CO2e/kWh by 2029. » Altro su de.investing.com