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Ignitis Group grew in all segments in 2020 leading to 10% higher adjusted EBITDA than previously forecasted AB “Ignitis grupė” (hereinafter – the Company) states that in 2020 adjusted EBITDA of the Company’s group of companies (hereinafter – Ignitis Group or the Group) reached EUR 291.6m and was approximately 10% higher than previously forecasted (EUR 265–269m). Compared to adjusted EBITDA in 2019, which reached EUR 259.9m, last year it grew by a solid 12.2% – it was driven by increase in results across all Group segments. The main reasons...

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2021–2024 Strategic Plan has been approved   2021–2024 Strategic Plan of AB “Ignitis grupė” group of companies has been approved On 25 February 2021 the Supervisory Board of AB “Ignitis grupė” (hereinafter – the Company) approved the Strategic Plan for 2021–2024 (hereinafter – Strategic plan) of the Company’s group of companies (hereinafter – the Group), which establishes the Group’s ambition to focus mainly on the Green Generation investments and Network modernisation and digitisation in the following years. The Strategic Plan describes the implementation of priori...

Ignitis Group grew in all segments in 2020 Ignitis Group grew in all segments in 2020 leading to 10% higher adjusted EBITDA than previously forecasted AB “Ignitis grupė” (hereinafter – the Company) states that in 2020 adjusted EBITDA of the Company’s group of companies (hereinafter – Ignitis Group or the Group) reached EUR 291.6m and was approximately 10% higher than previously forecasted (EUR 265–269m).   Compared to adjusted EBITDA in 2019, which reached EUR 259.9m, last year it grew by a solid 12.2% – it was driven by increase in results across all Group segments. The main...

AB “Ignitis grupė” received the Letter of Expectations AB “Ignitis grupė” received the Letter of Expectations revised by the Ministry of Finance AB “Ignitis grupė” (hereinafter – ‘Ignitis Group’ or ‘Company’) informs that on 17 February 2021  it received the Letter of Expectations (hereinafter – Letter) revised by the Ministry of Finance of the Republic of Lithuania (hereinafter – Ministry of Finance), which owns 73.08% of the Company’s shares. A need to revise the Letter arose after the change in the Government. The Company sees this action as positive becaus...