Litgrid AB operates in the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Litgrid AB with three other
electric utilities in Europe:
sales of 11.08 billion Russian Rubles [US$168.29 million]
of which 53%
was Heat Energy),
Lietuvos energijos gamyba AB
(147.20 million Lithuanian Litas [US$167.65 million]
of which 66%
was Regulated Activity), and
Eszak-Magyarorszagi Aramszolgaltato Nyilvanosan Mukodo Reszvenytarsasag
based in Hungary
(51.75 billion Hungarian Forints [US$183.21 million]
of which 81%
was Net Activity).
Litgrid AB reported sales of 160.19 million Lithuanian Litas (US$182.45 million)
December of 2017.
decrease of 4.1%
versus 2016, when the company's sales were 167.06 million Lithuanian Litas.
Contributing to the drop in overall sales was the 19.4% decline
in Trade In Balancing/regulating Electricit, from 22.07 million Lithuanian Litas to 17.78 million Lithuanian Litas.
There were also decreases in sales in
Electric Transmission (down 14.4% to 75.56 million Lithuanian Litas)
However, these declines were partially offset by the increase in sales of
Provision of System Services (up 25.4% to 42.53 million Lithuanian Litas)
Repair and Maintenance Activities (up 1.2% to 20.17 million Lithuanian Litas)
Provision of Services Under Pso Scheme (up 19.5% to 8.49 million Lithuanian Litas)