AB „Ignitis grupė” is a utility and renewable energy company in the Baltic region.
The Group's core business is focused on power and heat production and supply, operating electricity and gas distribution networks.
It operates in four segments: Customers & Solutions, which is into electricity and gas supply, trading and balancing, energy efficiency projects, installation and operation of electric vehicle charging stations, and energy solutions; Networks segment, which is engaged in the operation, maintenance, management and development of electricity and gas distribution networks; Green Generation segment; and Reserve Capacities segment.
Our focus is on the home markets – the Baltic countries, Poland, and Finland. We also explore opportunities in the markets undergoing energy transition paths.
| Currency | EUR |
| Previous Close | 19.22 |
| Change (%) | -1.44 |
| Market Cap (EUR) | 1.39 bn |
| Volume | 32,925 |
| Market | Nasdaq Vilnius |
| Number of shares | 72,388,960 |
| List | Baltic Main List |
| Key financial indicators (EURm) | 2020 | 2021 | 2022 |
|---|---|---|---|
| Profit | |||
| Revenue | 1,223.1 | 1,898.7 | 4,386.9 |
| EBITDA | 334.3 | 343.2 | 539.7 |
| EBITDA margin (%) | 27.6 | 18.1 | 12.3 |
| Adjusted EBITDA | 245.9 | 332.7 | 469.3 |
| Adjusted EBITDA margin (%) | 24.8 | 17.6 | 10.9 |
| EBIT | 215.0 | 192.1 | 387.8 |
| EBIT margin (%) | 17.6 | 10.1 | 8.8 |
| Adjusted EBIT | 126.6 | 206.4 | 317.4 |
| Net profit | 170.6 | 160.2 | 293.4 |
| Net profit margin (%) | 13.8 | 8.4 | 6.7 |
| Adjusted net profit | 95.5 | 162.8 | 256 |
| Investments | 346.8 | 234.9 | 521.8 |
| FFO | 309.4 | 299.4 | 484.1 |
| FCF | 5.1 | -240.6 | 17.3 |
| ROE (%) | 10.6 | 8.7 | 14.7 |
| Adjusted ROE (%) | 6.0 | 8.9 | 12.9 |
| ROCE (%) | 9.1 | 7.3 | 13.1 |
| Adjusted ROCE (%) | 5.4 | 7.9 | 12.9 |
| ROA (%) | 4.8 | 3.9 | 6.2 |
| Others | |||
| Total assets | 3,920.9 | 4,258.1 | 5,271.6 |
| Equity | 1,813.3 | 1,855.9 | 2,125.6 |
| Net debt | 600.3 | 957.2 | 986.9 |
| Working capital | 94.4 | 438.7 | 443.3 |
| Working capital/Revenue (%) | 7.7 | 23.1 | 10.1 |
| Equity ratio (times) | 0.46 | 0.43 | 0.40 |
| Net debt/EBITDA (times) | 1.80 | 2.79 | 1.83 |
| Net debt/Adjusted EBITDA (times) | 2.44 | 2.88 | 2.10 |
| FFO/Net debt (%) | 51.5 | 31.3 | 49.1 |
| Current ratio (times) | 3.36 | 1.87 | 1.87 |
| Asset turnover (times) | 0.34 | 0.46 | 0.92 |
