View ValuationAB Ignitis grupe 将来の成長Future 基準チェック /26AB Ignitis grupe利益と収益がそれぞれ年間15.2%と2.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に8.5% 14.5%なると予測されています。主要情報15.2%収益成長率14.52%EPS成長率Electric Utilities 収益成長7.6%収益成長率2.4%将来の株主資本利益率8.52%アナリストカバレッジLow最終更新日18 May 2026今後の成長に関する最新情報Major Estimate Revision • Mar 04Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from €2.58b to €2.71b. EPS estimate fell from €3.20 to €2.51 per share. Net income forecast to grow 49% next year vs 12% growth forecast for Electric Utilities industry in Europe. Consensus price target down from €26.87 to €25.87. Share price was steady at €21.65 over the past week.Major Estimate Revision • May 21Consensus revenue estimates increase by 11%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from €2.47b to €2.75b. EPS estimate increased from €2.61 to €2.78 per share. Net income forecast to shrink 15% next year vs 2.3% growth forecast for Electric Utilities industry in Europe . Consensus price target of €27.30 unchanged from last update. Share price was steady at €21.35 over the past week.Major Estimate Revision • Mar 05Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.77b to €2.52b. EPS estimate also fell from €3.19 per share to €2.73 per share. Net income forecast to shrink 29% next year vs 1.7% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €29.03. Share price fell 5.3% to €20.40 over the past week.Major Estimate Revision • Nov 20Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.40b to €2.26b. EPS estimate rose from €3.35 to €3.86. Net income forecast to shrink 23% next year vs 10% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €29.03. Share price was steady at €19.02 over the past week.Major Estimate Revision • Aug 22Consensus revenue estimates decrease by 17%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.60b to €2.17b. EPS estimate increased from €3.33 to €3.56 per share. Net income forecast to shrink 27% next year vs 0.6% growth forecast for Electric Utilities industry in Europe . Consensus price target of €28.53 unchanged from last update. Share price was steady at €18.46 over the past week.Major Estimate Revision • Mar 06Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €3.00b to €2.65b. EPS estimate unchanged from €3.03 per share at last update. Electric Utilities industry in Europe expected to see average net income decline 7.2% next year. Consensus price target of €27.55 unchanged from last update. Share price was steady at €18.60 over the past week.すべての更新を表示Recent updatesReported Earnings • May 14First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: €1.01 (down from €1.16 in 1Q 2025). Revenue: €939.0m (up 22% from 1Q 2025). Net income: €72.8m (down 13% from 1Q 2025). Profit margin: 7.8% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 01Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 08 April 2026. Payment date: 20 April 2026. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of Lithuanian dividend payers (6.0%). Higher than average of industry peers (3.7%).お知らせ • Mar 31Quaero European Infrastructure Fund III managed by Quaero Capital SA completed the acquisition of 49% stake in UAB Vilnius Cogeneration Power Plant from AB Ignitis grupe (NSEL:IGN1L).Quaero European Infrastructure Fund III managed by Quaero Capital SA agreed to acquire 49% stake in UAB Vilnius Cogeneration Power Plant from AB Ignitis grupe (NSEL:IGN1L) for €120 million on February 25, 2026. A cash consideration of €110 million will be paid by Quaero European Infrastructure Fund III and Quaero Capital SA. Quaero European Infrastructure Fund III and Quaero Capital SA will pay an earnout/contingent payment of €10 million cash. As part of consideration, €120 million is paid towards assets of UAB Vilnius Cogeneration Power Plant. The transaction is expected to be completed in the second quarter of 2026, subject to regulatory approvals from Lithuanian and Latvian authorities and other closing conditions. After the completion of the transaction, the Group will retain control of Vilnius CHP, holding 51% of the shares. As of March 27, 2026, the Latvian Competition Council has cleared Quaero European Infrastructure Fund III to buy 49% stake in Vilnius Cogeneration Plant. On March 26, 2026, Ignitis Group AB has fulfilled a requirement set by the European Commission. The team of Valiunas Ellex led by Arvydas Grušeckas, Karolis Kacerauskas, Šarunas Keserauskas, Šarunas Keserauskas and Ramunas Petravicius acted as legal advisor to AB Ignitis grupe. Quaero European Infrastructure Fund III managed by Quaero Capital SA completed the acquisition of 49% stake in UAB Vilnius Cogeneration Power Plant from AB Ignitis grupe (NSEL:IGN1L) on March 30, 2026.お知らせ • Mar 28AB Ignitis grupe Announces Composition of Newly Elected Management Board, Effective March 26, 2026AB Ignitis grupe announced the supervisory board has elected a new Management Board of the Group. The term of the Group's Management Board expired on 25 March 2026; therefore, the Supervisory Board elected a new Management Board on 26 March 2026. Following the Supervisory Board’s decision, the Chair of the Management Board was elected at the first meeting of the new Management Board. Composition of the newly elected Management Board: Darius Maikštenas –Chair of the Management Board and Group CEO (Strategy and Management). He will continue to serve as the Chair of the Management Board and Group CEO until the end of his second term as Group CEO on 28 February 2027. Jonas Rimavicius – Management Board member and Group Chief Financial Officer (Finance); Dr. Živile Skibarkiene – Management Board member and Group Chief Organizational Development Officer (People & Business Support); Vytenis Koryzna – Management Board member and Group Chief Commercial Officer (Energy Markets & Commerce); Mantas Mikalajunas – Management Board member and Group Chief Regulatory Officer (Regulated Business & Government Relations). The Management Board is elected for a four-year term by a decision of the Group’s Supervisory Board.Major Estimate Revision • Mar 04Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from €2.58b to €2.71b. EPS estimate fell from €3.20 to €2.51 per share. Net income forecast to grow 49% next year vs 12% growth forecast for Electric Utilities industry in Europe. Consensus price target down from €26.87 to €25.87. Share price was steady at €21.65 over the past week.Declared Dividend • Feb 28Final dividend of €0.68 announcedShareholders will receive a dividend of €0.68. Ex-date: 7th April 2026 Payment date: 1st January 1970 Dividend yield will be 6.3%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 34% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 26Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €2.26 (down from €3.82 in FY 2024). Revenue: €2.50b (up 8.3% from FY 2024). Net income: €163.9m (down 41% from FY 2024). Profit margin: 6.6% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Feb 25+ 2 more updatesAB Ignitis Grupe Proposes Dividend for the Year 2025AB Ignitis grupe proposed to distribute a total dividend of EUR 1.366 per share (+3.0% YoY), amounting to EUR 98.9 million for 2025. Based on year-end closing prices, it represents a 6.2–6.4% yield for global depositary receipt holders and ordinary registered shareholders. The total dividend of EUR 1.366 per share consists of the EUR 0.683 dividend paid for H1 2025 and a proposed EUR 0.683 dividend for H2 2025, which is subject to the decision at Annual General Meeting of Shareholders on 25 March 2026.お知らせ • Dec 12AB Ignitis grupe, Annual General Meeting, Mar 25, 2026AB Ignitis grupe, Annual General Meeting, Mar 25, 2026.Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: €0.29 (vs €0.63 in 3Q 2024)Third quarter 2025 results: EPS: €0.29 (down from €0.63 in 3Q 2024). Revenue: €500.7m (down 5.3% from 3Q 2024). Net income: €21.0m (down 54% from 3Q 2024). Profit margin: 4.2% (down from 8.6% in 3Q 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Nov 05+ 3 more updatesAB Ignitis grupe to Report Fiscal Year 2025 Results on Feb 25, 2026AB Ignitis grupe announced that they will report fiscal year 2025 results at 9:00 AM, E. Europe Standard Time on Feb 25, 2026お知らせ • Nov 01AB Ignitis grupe Announces Board and Committee ChangesAB “Ignitis grupe” announced that on 31 October 2025 the new Supervisory Board of the Group (hereinafter – the Supervisory Board) elected its new Chair – Alfonso Faubel. A. Faubel is an executive with 36 years’ experience in energy, digitalisation and automotive industries and is valued for his skills in business turnaround, improving operational excellence, working with teams in different cultural environments on assignments worldwide. During more than a decade, he gathered valuable experience in the energy sector, and especially in renewables, both onshore and offshore wind, while working at the leading global players in the market. A. Faubel has held executive responsibilities in Siemens Gamesa and Alstom/GE, which are leading players in the global wind power market. When assuming the role of Senior Vice President at Alstom/GE, he contributed towards launching businesses in 16 new markets. A. Faubel served as Chair of the Group’s Supervisory Board during the previous term. The Supervisory Board consists of a total of nine members – six independent members and three civil servants. On 24 October 2025, the Group announced the resolution of the General Meeting of Shareholders on the election of new members of the Supervisory Board for a four-year term. The Group also informs that on 31 October 2025, the Supervisory Board formed the following Committees from among its members: the Audit and Risk Committee, the Nomination and Remuneration Committee, and the Sustainability Committee. The Committees of the Supervisory Board are formed by a decision of the Supervisory Board for a term of 4 years from at least 3 members. The following members of the Supervisory Board were elected as members of the Audit and Risk Committee of the Supervisory Board: Judith Buss (Committee Chair), Sian Lloyd Rees, Ingrida Muckute and Alfonso Faubel. The following members of the Supervisory Board were elected as members of the Nomination and Remuneration Committee of the Supervisory Board: Lorraine Wrafter (Committee Chair), Jutta Dissen and Aušra Vickackiene. The following members of the Supervisory Board were elected as members of the Sustainability Committee of the Supervisory Board: Tim Brooks (Committee Chair), Lina Liubauskaite and Jutta Dissen.お知らせ • Oct 24AB Ignitis Grupe Announces Appointment of Lina Liubauskaite as Supervisory BoardAB Ignitis grupe announced at the AGM held on October 24, 2025, approved elect the following members to the Supervisory Board of AB “Ignitis grupe” for a term of 4 (four) years: Lina Liubauskaite.Upcoming Dividend • Sep 16Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 23 September 2025. Payment date: 03 October 2025. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 6.5%. Within top quartile of Lithuanian dividend payers (6.5%). Higher than average of industry peers (4.5%).お知らせ • Sep 11AB Ignitis Grupe Approves Dividends for the Six-Month Period Ended 30 June 2025, Payable on 3 October 2025AB Ignitis grupe at its General Meeting of Shareholders held on 10 September 2025, approved to allocate a dividend of EUR 0.683 per ordinary registered share of AB ‘Ignitis grupe’ to the shareholders of the company and pay dividends of EUR 49,441,659.68 in total to the shareholders for the six-month period ended 30 June 2025. The Group notes that the persons entitled to receive dividends are those who are the owners of the Group's ORS at the end of the record date, i.e., at the end of 24 September 2025. The ex- date, from which the Group's ORS acquired on the stock exchange with settlement cycle of T+2 do not qualify for dividends for the first half of 2025, is 23 September 2025. The dividends will be paid on 3 October 2025 to the managers of the securities accounts of the Group's shareholders through the Nasdaq CSD SE Lithuanian branch.Declared Dividend • Aug 15First half dividend increased to €0.68Dividend of €0.68 is 3.0% higher than last year. Ex-date: 23rd September 2025 Payment date: 1st January 1970 Dividend yield will be 6.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not covered by cash flows (456% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.7% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (61% net debt to equity). Dividend is not well covered by cash flows (442% cash payout ratio). Profit margins are more than 30% lower than last year (8.7% net profit margin).Major Estimate Revision • May 21Consensus revenue estimates increase by 11%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from €2.47b to €2.75b. EPS estimate increased from €2.61 to €2.78 per share. Net income forecast to shrink 15% next year vs 2.3% growth forecast for Electric Utilities industry in Europe . Consensus price target of €27.30 unchanged from last update. Share price was steady at €21.35 over the past week.Reported Earnings • May 15First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: €1.16 (down from €1.64 in 1Q 2024). Revenue: €772.8m (up 18% from 1Q 2024). Net income: €83.9m (down 29% from 1Q 2024). Profit margin: 11% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.Upcoming Dividend • Apr 01Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 08 April 2025. Payment date: 22 April 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 6.3%. Lower than top quartile of Lithuanian dividend payers (6.5%). Higher than average of industry peers (4.8%).Major Estimate Revision • Mar 05Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.77b to €2.52b. EPS estimate also fell from €3.19 per share to €2.73 per share. Net income forecast to shrink 29% next year vs 1.7% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €29.03. Share price fell 5.3% to €20.40 over the past week.Declared Dividend • Feb 28Final dividend of €0.66 announcedShareholders will receive a dividend of €0.66. Ex-date: 8th April 2025 Payment date: 1st January 1970 Dividend yield will be 6.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 4 years and payments have been stable during that time. EPS is expected to decline by 26% over the next 3 years. However, it would need to fall by 67% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €3.82 (down from €4.42 in FY 2023). Revenue: €2.31b (down 9.5% from FY 2023). Net income: €276.2m (down 14% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 20Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.40b to €2.26b. EPS estimate rose from €3.35 to €3.86. Net income forecast to shrink 23% next year vs 10% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €29.03. Share price was steady at €19.02 over the past week.Reported Earnings • Nov 14Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: €0.63 (down from €0.79 in 3Q 2023). Revenue: €528.8m (up 12% from 3Q 2023). Net income: €45.6m (down 20% from 3Q 2023). Profit margin: 8.6% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Nov 08AB Ignitis grupe, Annual General Meeting, Mar 26, 2025AB Ignitis grupe, Annual General Meeting, Mar 26, 2025.お知らせ • Nov 07+ 3 more updatesAB Ignitis grupe to Report Q1, 2025 Results on May 14, 2025AB Ignitis grupe announced that they will report Q1, 2025 results at 9:00 AM, E. Europe Standard Time on May 14, 2025Declared Dividend • Sep 14First half dividend increased to €0.66Dividend of €0.66 is 3.1% higher than last year. Ex-date: 24th September 2024 Payment date: 4th October 2024 Dividend yield will be 6.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 3 years and payments have been stable during that time. EPS is expected to decline by 41% over the next 3 years. However, it would need to fall by 68% to increase the payout ratio to a potentially unsustainable range.お知らせ • Sep 11+ 1 more updateAB Ignitis Grupe Approves Dividend for the Six-Month Period Ended 30 June 2024, Payable on 4 October 2024AB Ignitis grupe at its EGM held on September 11, 2024, approved to allocate a dividend of EUR 0.663 per ordinary registered share of the company to the shareholders of the company and pay dividends of EUR 47,993,880.48 in total to the shareholders for the six-month period ended 30 June 2024. The Group notes that the persons entitled to receive dividends are those who are the owners of the Group’s ordinary registered shares (hereinafter - ORS) at the end of the record date, i.e., at the end of 25 September 2024. The ex-date from which the Groups ORS acquired on the stock exchange with a settlement cycle of T+2 do not qualify for dividends for the first half of 2024 is 24 September 2024. The dividends will be paid to the managers of the securities accounts of the Group’s shareholders on 4 October 2024 through the Nasdaq CSD SE Lithuanian branch.Major Estimate Revision • Aug 22Consensus revenue estimates decrease by 17%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.60b to €2.17b. EPS estimate increased from €3.33 to €3.56 per share. Net income forecast to shrink 27% next year vs 0.6% growth forecast for Electric Utilities industry in Europe . Consensus price target of €28.53 unchanged from last update. Share price was steady at €18.46 over the past week.Reported Earnings • Aug 15Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: €0.69 (up from €0.40 in 2Q 2023). Revenue: €438.8m (flat on 2Q 2023). Net income: €49.7m (up 74% from 2Q 2023). Profit margin: 11% (up from 6.5% in 2Q 2023). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 7.8%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Aug 14AB Ignitis Grupe Proposes Dividend for the Six- Month Period Ended 30 June 2024AB Ignitis grupe at its EGM to be held on September 11, 2024 proposed dividend of EUR 0.663 per ordinary registered share for the six- month period ended 30 June 2024.お知らせ • May 30Lithuanian Capital's Heat Supplier Mulls Buying 49% Stake in Vilnius CHP PlantVilniaus Silumos Tinklai AB (VST), Lithuania's largest heat supplier, does not rule out buying up to 49% of shares in Vilnius Combined Heat and Power Plant (Vilnius CHP) from AB Ignitis grupe (NSEL:IGN1L). Other market participants have not yet commented on whether they have intentions to acquire the stake, which the state-controlled energy group is planning to sell. VST CEO Gerimantas Bakanas says that the municipal-owned company can purchase up to 5% of Vilnius CHP under an agreement with Vilnius Municipality and Ignitis Group, but it is also considering buying the remaining 44%, which would give it control of the entire minority stake. "Regarding the 44%, VST will make a purely commercial decision on whether to participate and acquire (all of the Vilnius CHP shares on offer). We will evaluate, consider, and then decide. The company will look at how financially beneficial it will be," he told BNS. Ignitis Group announced last Thursday that it had completed the construction of the cogeneration plant, meaning that it has six months to launch the sale of a minority stake of up to 49% to comply with EU aid rules. Vytautas Kisielius, president of the Lithuanian Association of Independent Heat Suppliers, refused to tell BNS whether any of the organization's 15 members intend to participate in the planned Vilnius CHP share sale. Andrius Kasparavicius, spokesman for Gren Lietuva, which holds a 49% stake in Kaunas Combined Heat and Power Plant (Kaunas CHP), which is 51% owned by Ignitis Group, said that the company is aware of the opportunity to acquire 49% of Vilnius CHP but has not yet made a decision. "We always consider various investments," he told BNS. "We have no decision yet." Ignitis Group CEO Darius Maikstenas has said that a 49% stake in Vilnius CHP should be sold to a private partner in 2024.Reported Earnings • May 16First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: €1.64 (down from €1.76 in 1Q 2023). Revenue: €653.5m (down 30% from 1Q 2023). Net income: €118.7m (down 6.7% from 1Q 2023). Profit margin: 18% (up from 14% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 53%. Revenue is forecast to stay flat during the next 3 years compared to a 1.1% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 05Final dividend of €0.64 announcedShareholders will receive a dividend of €0.64. Ex-date: 10th April 2024 Payment date: 23rd April 2024 Dividend yield will be 6.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.6% per year over the past 3 years and payments have been stable during that time. EPS is expected to decline by 49% over the next 3 years. However, it would need to fall by 68% to increase the payout ratio to a potentially unsustainable range.お知らせ • Mar 27AB Ignitis Grupe Approves Dividend for the Second Half of 2023, Payable on 23 April 2024The Ordinary General Meeting of Shareholders of AB "Ignitis grup" held on 27 March 2024 adopted a resolution to pay the dividend for the second half of 2023 in line with the Dividend Policy (link), EUR 0.643 per ordinary registered share (hereinafter - ORS). Accordingly, EUR 46,546,101.28 will be paid to the Group's shareholders in dividends in total for the reporting period from 1 July 2023 to 31 December 2023. The Group notes that those persons are entitled to receive dividends who are the owners of the Group's ORS at the end of the record date, i.e., at the end of 11 April 2024. The ex-date, during which ORS of the Group acquired on the stock exchange with settlement cycle of T+2 do not qualify for dividends for the second half of 2023, is 10 April 2024. The dividends will be paid to the securities account managers of the Group's shareholders on 23 April 2024 through Nasdaq CSD SE Lithuanian branch.Major Estimate Revision • Mar 06Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €3.00b to €2.65b. EPS estimate unchanged from €3.03 per share at last update. Electric Utilities industry in Europe expected to see average net income decline 7.2% next year. Consensus price target of €27.55 unchanged from last update. Share price was steady at €18.60 over the past week.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: €4.42 (vs €4.04 in FY 2022)Full year 2023 results: EPS: €4.42 (up from €4.04 in FY 2022). Revenue: €2.55b (down 42% from FY 2022). Net income: €320.2m (up 9.1% from FY 2022). Profit margin: 13% (up from 6.7% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Dec 22AB Ignitis grupe Announces Resignation of Bent Christensen as an Independent Member of the Supervisory Board and the Nomination and Remuneration Committee, Effective January 4, 2024AB Ignitis grupe announced that on 21 December 2023, it received a Letter of Resignation from Bent Christensen, an independent member of the Supervisory Board and the Nomination and Remuneration Committee.B. Christensen's duties as a member of the Supervisory Board and the Nomination and Remuneration Committee will end on 4 January 2024. B. Christensen was first elected to the Group's Supervisory Board on 12 November 2020, and was later re-elected for a second term on 26 October 2021. Currently the Supervisory Board of the Company consists of 7 members, 5 of them are independent. After the resignation of B. Christensen, the Ministry of Finance of the Republic of Lithuania shall decide on selection of a new member of the Supervisory Board. The Nomination and Remuneration Committee of the Company currently consists of 3 members, 2 of them are independent. Following the resignation of B. Christensen, the Supervisory Board of the Company shall decide on the appointment of a new member of the Nomination and Remuneration Committee until the end of the term of office of the current Supervisory Board. The current term of office of the Supervisory Board ends on 25 October 2025. Following the resignation of B. Christensen, the Supervisory Board and its Nomination and Remuneration Committee will function as usual with the remaining members of the Supervisory Board. The Group will inform about the selection of a new independent Supervisory Board member in accordance with legal procedures.お知らせ • Nov 28+ 4 more updatesAB Ignitis grupe to Report First Half, 2024 Results on Aug 14, 2024AB Ignitis grupe announced that they will report first half, 2024 results on Aug 14, 2024Reported Earnings • Nov 22Third quarter 2023 earnings released: EPS: €0.79 (vs €0.97 in 3Q 2022)Third quarter 2023 results: EPS: €0.79 (down from €0.97 in 3Q 2022). Revenue: €471.2m (down 64% from 3Q 2022). Net income: €56.8m (down 19% from 3Q 2022). Profit margin: 12% (up from 5.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to fall by 5.1% p.a. on average during the next 3 years compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Major Estimate Revision • Sep 29Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €2.85 to €3.24. Revenue forecast steady at €3.61b. Net income forecast to shrink 35% next year vs 11% decline forecast for Electric Utilities industry in Europe. Consensus price target up from €25.55 to €27.55. Share price was steady at €20.70 over the past week.Price Target Changed • Sep 28Price target increased by 12% to €27.55Up from €24.70, the current price target is an average from 2 analysts. New target price is 34% above last closing price of €20.60. Stock is up 8.5% over the past year. The company is forecast to post earnings per share of €3.24 for next year compared to €4.04 last year.お知らせ • Sep 22AB Ignitis Grupe Approves Dividend for the Six-Month Period Ended 30 June 2023, Payable on 17 October 2023AB Ignitis grupe at its Extraordinary General Meeting of Shareholders held on 21 September 2023, approved to allocate a dividend of EUR 0.643 per ordinary registered share of the company to the shareholders and pay dividends of EUR 46,546,101.28 in total to the shareholders for the six-month period ended 30 June 2023. The Group noted that those persons who will be the owners of the Group’s ordinary registered shares at the end of 5 October 2023 (Record date) are entitled to receive dividends. The dividends will be paid to the managers of the securities accounts of the Group’s shareholders on 17 October 2023 through Nasdaq CSD SE Lithuanian branch. The Ex-Date on which shares of the Group acquired on the stock exchange with settlement cycle of T+2 do not qualify for dividend for the six-month period ended on 30 June 2023, is 4 October 2023.Major Estimate Revision • Aug 29Consensus revenue estimates increase by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €3.18b to €3.60b. EPS estimate unchanged from €2.84 at last update. Electric Utilities industry in Europe expected to see average net income decline 5.3% next year. Consensus price target of €25.55 unchanged from last update. Share price was steady at €20.15 over the past week.お知らせ • Aug 23AB Ignitis grupe Proposes Dividend for the Six months Ended June 30, 2023AB Ignitis grupe proposed dividend of EUR 0.643 per ordinary registered share of AB "Ignitis grup" to the shareholders of AB "Ignitis grup" and pay dividends of EUR 46,546,101.28 in total to the shareholders for the six-month period ended 30 June 2023 at the Extraordinary General Meeting to be held on September 21, 2023.Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: €0.40 (vs €0.94 in 2Q 2022)Second quarter 2023 results: EPS: €0.40 (down from €0.94 in 2Q 2022). Revenue: €442.1m (down 40% from 2Q 2022). Net income: €28.6m (down 58% from 2Q 2022). Profit margin: 6.5% (down from 9.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 13% p.a. on average during the next 3 years compared to a 4.1% decline forecast for the Electric Utilities industry in Europe.New Risk • Aug 23New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • May 24+ 1 more updateAB Ignitis grupe (NSEL:IGN1L) acquired BRVE SIA for EUR 0.2 million.AB Ignitis grupe (NSEL:IGN1L) acquired BRVE SIA for EUR 0.2 million on March 17, 2023.AB Ignitis grupe (NSEL:IGN1L) completed the acquisition of BRVE SIA on March 17, 2023.Reported Earnings • May 24First quarter 2023 earnings released: EPS: €1.76 (vs €0.64 in 1Q 2022)First quarter 2023 results: EPS: €1.76 (up from €0.64 in 1Q 2022). Revenue: €928.3m (down 6.2% from 1Q 2022). Net income: €127.2m (up 172% from 1Q 2022). Profit margin: 14% (up from 4.7% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to fall by 16% p.a. on average during the next 3 years compared to a 3.2% decline forecast for the Electric Utilities industry in Europe.Upcoming Dividend • Apr 06Upcoming dividend of €0.62 per share at 6.1% yieldEligible shareholders must have bought the stock before 13 April 2023. Payment date: 26 April 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Lithuanian dividend payers (5.9%). Higher than average of industry peers (4.9%).Reported Earnings • Mar 01Full year 2022 earnings released: EPS: €4.04 (vs €2.07 in FY 2021)Full year 2022 results: EPS: €4.04 (up from €2.07 in FY 2021). Revenue: €4.39b (up 135% from FY 2021). Net income: €293.4m (up 91% from FY 2021). Profit margin: 6.7% (down from 8.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 29% p.a. on average during the next 2 years compared to a 3.3% decline forecast for the Electric Utilities industry in Europe.Price Target Changed • Feb 17Price target decreased by 18% to €20.00Down from €24.45, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €19.52. Stock is down 2.6% over the past year. The company is forecast to post earnings per share of €2.51 for next year compared to €2.07 last year.Reported Earnings • Nov 23Third quarter 2022 earnings released: EPS: €0.97 (vs €0.63 in 3Q 2021)Third quarter 2022 results: EPS: €0.97 (up from €0.63 in 3Q 2021). Revenue: €1.29b (up 212% from 3Q 2021). Net income: €70.0m (up 50% from 3Q 2021). Profit margin: 5.4% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 12% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.お知らせ • Nov 08+ 3 more updatesAB Ignitis grupe to Report Fiscal Year 2022 Results on Feb 28, 2023AB Ignitis grupe announced that they will report fiscal year 2022 results at 7:00 AM, Coordinated Universal Time on Feb 28, 2023Major Estimate Revision • Oct 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €3.42b to €3.21b. EPS estimate rose from €2.00 to €2.51. Net income forecast to shrink 4.4% next year vs 6.6% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €24.70. Share price fell 2.5% to €18.56 over the past week.Upcoming Dividend • Oct 05Upcoming dividend of €0.62 per shareEligible shareholders must have bought the stock before 12 October 2022. Payment date: 25 October 2022. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 6.6%. Lower than top quartile of Lithuanian dividend payers (6.8%). Higher than average of industry peers (4.6%).Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: €0.94 (vs €0.16 in 2Q 2021)Second quarter 2022 results: EPS: €0.94 (up from €0.16 in 2Q 2021). Revenue: €741.9m (up 125% from 2Q 2021). Net income: €68.1m (up 461% from 2Q 2021). Profit margin: 9.2% (up from 3.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.4% compared to a 7.0% decline forecast for the Electric Utilities industry in Europe.Major Estimate Revision • Aug 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €2.26b to €2.80b. EPS estimate unchanged from €2.00 at last update. Electric Utilities industry in Europe expected to see average net income growth of 7.9% next year. Consensus price target of €24.45 unchanged from last update. Share price rose 6.1% to €19.60 over the past week.Price Target Changed • Jul 22Price target increased to €24.45Up from €22.15, the current price target is an average from 3 analysts. New target price is 35% above last closing price of €18.10. Stock is down 19% over the past year. The company is forecast to post earnings per share of €2.00 for next year compared to €2.07 last year.Major Estimate Revision • Jun 11Consensus revenue estimates increase by 14%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €1.60b to €1.83b. EPS estimate increased from €1.26 to €2.00 per share. Net income forecast to grow 7.3% next year vs 2.1% growth forecast for Electric Utilities industry in Europe. Consensus price target of €22.15 unchanged from last update. Share price was steady at €18.30 over the past week.Price Target Changed • Jun 11Price target decreased to €22.15Down from €24.23, the current price target is an average from 3 analysts. New target price is 21% above last closing price of €18.30. Stock is down 11% over the past year. The company is forecast to post earnings per share of €2.00 for next year compared to €2.07 last year.Reported Earnings • May 21First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.64 (up from €0.49 in 1Q 2021). Revenue: €991.3m (up 156% from 1Q 2021). Net income: €46.8m (up 28% from 1Q 2021). Profit margin: 4.7% (down from 9.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to decline by 34% while the industry in Europe is not expected to grow.Upcoming Dividend • Apr 04Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 11 April 2022. Payment date: 25 April 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 6.2%. Lower than top quartile of Lithuanian dividend payers (6.3%). Higher than average of industry peers (4.2%).Reported Earnings • Mar 04Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €2.07 (down from €2.89 in FY 2020). Revenue: €1.87b (up 54% from FY 2020). Net income: €153.9m (down 9.9% from FY 2020). Profit margin: 8.2% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is expected to shrink by 17% compared to a 5.7% growth forecast for the industry in Europe.Major Estimate Revision • Feb 04Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from €1.45 to €1.82. Revenue forecast steady at €1.67b. Net income forecast to shrink 22% next year vs 3.0% growth forecast for Electric Utilities industry in Europe . Consensus price target down from €25.61 to €24.23. Share price was steady at €20.70 over the past week.Major Estimate Revision • Dec 29Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €1.68b to €2.16b. EPS estimate unchanged from €1.45 at last update. Electric Utilities industry in Europe expected to see average net income growth of 4.6% next year. Consensus price target of €24.23 unchanged from last update. Share price was steady at €20.90 over the past week.Reported Earnings • Dec 03Third quarter 2021 earnings: EPS and revenues exceed analyst expectationsThird quarter 2021 results: EPS: €0.63 (down from €0.68 in 3Q 2020). Revenue: €427.3m (up 56% from 3Q 2020). Net income: €46.7m (up 27% from 3Q 2020). Profit margin: 11% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 53%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Earnings per share (EPS) surpassed analyst estimates by 32%. Over the next year, revenue is expected to shrink by 2.6% compared to a 7.9% growth forecast for the industry in Europe.Upcoming Dividend • Oct 01Upcoming dividend of €0.59 per shareEligible shareholders must have bought the stock before 08 October 2021. Payment date: 21 October 2021. Trailing yield: 5.8%. Within top quartile of Lithuanian dividend payers (5.8%). Higher than average of industry peers (4.0%).Reported Earnings • Sep 03Second quarter 2021 earnings released: EPS €0.16 (vs €0.96 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €329.6m (up 25% from 2Q 2020). Net income: €12.1m (down 77% from 2Q 2020). Profit margin: 3.7% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • May 28First quarter 2021 earnings released: EPS €0.49 (vs €0.33 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €393.4m (up 22% from 1Q 2020). Net income: €36.6m (up 103% from 1Q 2020). Profit margin: 9.3% (up from 5.6% in 1Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Feb 27Full year 2020 earnings released: EPS €2.88 (vs €1.04 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.22b (up 13% from FY 2019). Net income: €169.8m (up 200% from FY 2019). Profit margin: 14% (up from 5.2% in FY 2019). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Feb 27Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 4.9%, compared to a 16% growth forecast for the Electric Utilities industry in Europe.Is New 90 Day High Low • Jan 13New 90-day high: €21.90The company is up 1.0% from its price of €21.74 on 15 October 2020. The Lithuanian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.32 per share.業績と収益の成長予測NSEL:IGN1L - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,668226-339614312/31/20272,581230-230590412/31/20262,785179-19948113/31/20262,664153-205513N/A12/31/20252,498164-100615N/A9/30/20252,485195-117632N/A6/30/20252,51321922736N/A3/31/20252,426241-99626N/A12/31/20242,307276-113661N/A9/30/20242,329322-109777N/A6/30/20242,271333-233681N/A3/31/20242,274312-239690N/A12/31/20232,549320-38801N/A9/30/20233,2013216081,255N/A6/30/20234,0243344331,036N/A3/31/20234,324374408899N/A12/31/20224,387293125564N/A9/30/20223,742233-652-238N/A6/30/20222,875215-359-38N/A3/31/20222,477165-20069N/A12/31/20211,880160-140105N/A9/30/20211,51817420211N/A6/30/20211,36515979306N/A3/31/20211,284193-13270N/A12/31/20201,215171-21281N/A9/30/20201,149124-34299N/A6/30/20201,112102-166235N/A3/31/20201,07361-207193N/A12/31/20191,08157N/A177N/A9/30/2019947-27N/A189N/A6/30/2019978-54N/A168N/A3/31/20191,007-38N/A184N/A12/31/20181,024-22N/A179N/A9/30/20181,19062N/A152N/A6/30/20181,16098N/A177N/A3/31/20181,128101N/A164N/A12/31/20171,08189N/A135N/A9/30/20171,05394N/A111N/A6/30/20171,03896N/A167N/A3/31/20171,10798N/A201N/A12/31/20161,094108N/A252N/A12/31/20151,08949N/A125N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: IGN1Lの予測収益成長率 (年間15.2% ) は 貯蓄率 ( 3.1% ) を上回っています。収益対市場: IGN1Lの収益 ( 15.2% ) はLT市場 ( 12.2% ) よりも速いペースで成長すると予測されています。高成長収益: IGN1Lの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: IGN1Lの収益 ( 2.4% ) LT市場 ( 5.3% ) よりも低い成長が予測されています。高い収益成長: IGN1Lの収益 ( 2.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: IGN1Lの 自己資本利益率 は、3年後には低くなると予測されています ( 8.5 %)。成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 18:31終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋AB Ignitis grupe 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Ekaterina SmykBofA Global ResearchChristoph SchultesErste Group Bank AGPetr BartekErste Group Bank AG7 その他のアナリストを表示
Major Estimate Revision • Mar 04Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from €2.58b to €2.71b. EPS estimate fell from €3.20 to €2.51 per share. Net income forecast to grow 49% next year vs 12% growth forecast for Electric Utilities industry in Europe. Consensus price target down from €26.87 to €25.87. Share price was steady at €21.65 over the past week.
Major Estimate Revision • May 21Consensus revenue estimates increase by 11%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from €2.47b to €2.75b. EPS estimate increased from €2.61 to €2.78 per share. Net income forecast to shrink 15% next year vs 2.3% growth forecast for Electric Utilities industry in Europe . Consensus price target of €27.30 unchanged from last update. Share price was steady at €21.35 over the past week.
Major Estimate Revision • Mar 05Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.77b to €2.52b. EPS estimate also fell from €3.19 per share to €2.73 per share. Net income forecast to shrink 29% next year vs 1.7% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €29.03. Share price fell 5.3% to €20.40 over the past week.
Major Estimate Revision • Nov 20Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.40b to €2.26b. EPS estimate rose from €3.35 to €3.86. Net income forecast to shrink 23% next year vs 10% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €29.03. Share price was steady at €19.02 over the past week.
Major Estimate Revision • Aug 22Consensus revenue estimates decrease by 17%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.60b to €2.17b. EPS estimate increased from €3.33 to €3.56 per share. Net income forecast to shrink 27% next year vs 0.6% growth forecast for Electric Utilities industry in Europe . Consensus price target of €28.53 unchanged from last update. Share price was steady at €18.46 over the past week.
Major Estimate Revision • Mar 06Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €3.00b to €2.65b. EPS estimate unchanged from €3.03 per share at last update. Electric Utilities industry in Europe expected to see average net income decline 7.2% next year. Consensus price target of €27.55 unchanged from last update. Share price was steady at €18.60 over the past week.
Reported Earnings • May 14First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: €1.01 (down from €1.16 in 1Q 2025). Revenue: €939.0m (up 22% from 1Q 2025). Net income: €72.8m (down 13% from 1Q 2025). Profit margin: 7.8% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 01Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 08 April 2026. Payment date: 20 April 2026. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of Lithuanian dividend payers (6.0%). Higher than average of industry peers (3.7%).
お知らせ • Mar 31Quaero European Infrastructure Fund III managed by Quaero Capital SA completed the acquisition of 49% stake in UAB Vilnius Cogeneration Power Plant from AB Ignitis grupe (NSEL:IGN1L).Quaero European Infrastructure Fund III managed by Quaero Capital SA agreed to acquire 49% stake in UAB Vilnius Cogeneration Power Plant from AB Ignitis grupe (NSEL:IGN1L) for €120 million on February 25, 2026. A cash consideration of €110 million will be paid by Quaero European Infrastructure Fund III and Quaero Capital SA. Quaero European Infrastructure Fund III and Quaero Capital SA will pay an earnout/contingent payment of €10 million cash. As part of consideration, €120 million is paid towards assets of UAB Vilnius Cogeneration Power Plant. The transaction is expected to be completed in the second quarter of 2026, subject to regulatory approvals from Lithuanian and Latvian authorities and other closing conditions. After the completion of the transaction, the Group will retain control of Vilnius CHP, holding 51% of the shares. As of March 27, 2026, the Latvian Competition Council has cleared Quaero European Infrastructure Fund III to buy 49% stake in Vilnius Cogeneration Plant. On March 26, 2026, Ignitis Group AB has fulfilled a requirement set by the European Commission. The team of Valiunas Ellex led by Arvydas Grušeckas, Karolis Kacerauskas, Šarunas Keserauskas, Šarunas Keserauskas and Ramunas Petravicius acted as legal advisor to AB Ignitis grupe. Quaero European Infrastructure Fund III managed by Quaero Capital SA completed the acquisition of 49% stake in UAB Vilnius Cogeneration Power Plant from AB Ignitis grupe (NSEL:IGN1L) on March 30, 2026.
お知らせ • Mar 28AB Ignitis grupe Announces Composition of Newly Elected Management Board, Effective March 26, 2026AB Ignitis grupe announced the supervisory board has elected a new Management Board of the Group. The term of the Group's Management Board expired on 25 March 2026; therefore, the Supervisory Board elected a new Management Board on 26 March 2026. Following the Supervisory Board’s decision, the Chair of the Management Board was elected at the first meeting of the new Management Board. Composition of the newly elected Management Board: Darius Maikštenas –Chair of the Management Board and Group CEO (Strategy and Management). He will continue to serve as the Chair of the Management Board and Group CEO until the end of his second term as Group CEO on 28 February 2027. Jonas Rimavicius – Management Board member and Group Chief Financial Officer (Finance); Dr. Živile Skibarkiene – Management Board member and Group Chief Organizational Development Officer (People & Business Support); Vytenis Koryzna – Management Board member and Group Chief Commercial Officer (Energy Markets & Commerce); Mantas Mikalajunas – Management Board member and Group Chief Regulatory Officer (Regulated Business & Government Relations). The Management Board is elected for a four-year term by a decision of the Group’s Supervisory Board.
Major Estimate Revision • Mar 04Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from €2.58b to €2.71b. EPS estimate fell from €3.20 to €2.51 per share. Net income forecast to grow 49% next year vs 12% growth forecast for Electric Utilities industry in Europe. Consensus price target down from €26.87 to €25.87. Share price was steady at €21.65 over the past week.
Declared Dividend • Feb 28Final dividend of €0.68 announcedShareholders will receive a dividend of €0.68. Ex-date: 7th April 2026 Payment date: 1st January 1970 Dividend yield will be 6.3%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 34% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 26Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €2.26 (down from €3.82 in FY 2024). Revenue: €2.50b (up 8.3% from FY 2024). Net income: €163.9m (down 41% from FY 2024). Profit margin: 6.6% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Feb 25+ 2 more updatesAB Ignitis Grupe Proposes Dividend for the Year 2025AB Ignitis grupe proposed to distribute a total dividend of EUR 1.366 per share (+3.0% YoY), amounting to EUR 98.9 million for 2025. Based on year-end closing prices, it represents a 6.2–6.4% yield for global depositary receipt holders and ordinary registered shareholders. The total dividend of EUR 1.366 per share consists of the EUR 0.683 dividend paid for H1 2025 and a proposed EUR 0.683 dividend for H2 2025, which is subject to the decision at Annual General Meeting of Shareholders on 25 March 2026.
お知らせ • Dec 12AB Ignitis grupe, Annual General Meeting, Mar 25, 2026AB Ignitis grupe, Annual General Meeting, Mar 25, 2026.
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: €0.29 (vs €0.63 in 3Q 2024)Third quarter 2025 results: EPS: €0.29 (down from €0.63 in 3Q 2024). Revenue: €500.7m (down 5.3% from 3Q 2024). Net income: €21.0m (down 54% from 3Q 2024). Profit margin: 4.2% (down from 8.6% in 3Q 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Nov 05+ 3 more updatesAB Ignitis grupe to Report Fiscal Year 2025 Results on Feb 25, 2026AB Ignitis grupe announced that they will report fiscal year 2025 results at 9:00 AM, E. Europe Standard Time on Feb 25, 2026
お知らせ • Nov 01AB Ignitis grupe Announces Board and Committee ChangesAB “Ignitis grupe” announced that on 31 October 2025 the new Supervisory Board of the Group (hereinafter – the Supervisory Board) elected its new Chair – Alfonso Faubel. A. Faubel is an executive with 36 years’ experience in energy, digitalisation and automotive industries and is valued for his skills in business turnaround, improving operational excellence, working with teams in different cultural environments on assignments worldwide. During more than a decade, he gathered valuable experience in the energy sector, and especially in renewables, both onshore and offshore wind, while working at the leading global players in the market. A. Faubel has held executive responsibilities in Siemens Gamesa and Alstom/GE, which are leading players in the global wind power market. When assuming the role of Senior Vice President at Alstom/GE, he contributed towards launching businesses in 16 new markets. A. Faubel served as Chair of the Group’s Supervisory Board during the previous term. The Supervisory Board consists of a total of nine members – six independent members and three civil servants. On 24 October 2025, the Group announced the resolution of the General Meeting of Shareholders on the election of new members of the Supervisory Board for a four-year term. The Group also informs that on 31 October 2025, the Supervisory Board formed the following Committees from among its members: the Audit and Risk Committee, the Nomination and Remuneration Committee, and the Sustainability Committee. The Committees of the Supervisory Board are formed by a decision of the Supervisory Board for a term of 4 years from at least 3 members. The following members of the Supervisory Board were elected as members of the Audit and Risk Committee of the Supervisory Board: Judith Buss (Committee Chair), Sian Lloyd Rees, Ingrida Muckute and Alfonso Faubel. The following members of the Supervisory Board were elected as members of the Nomination and Remuneration Committee of the Supervisory Board: Lorraine Wrafter (Committee Chair), Jutta Dissen and Aušra Vickackiene. The following members of the Supervisory Board were elected as members of the Sustainability Committee of the Supervisory Board: Tim Brooks (Committee Chair), Lina Liubauskaite and Jutta Dissen.
お知らせ • Oct 24AB Ignitis Grupe Announces Appointment of Lina Liubauskaite as Supervisory BoardAB Ignitis grupe announced at the AGM held on October 24, 2025, approved elect the following members to the Supervisory Board of AB “Ignitis grupe” for a term of 4 (four) years: Lina Liubauskaite.
Upcoming Dividend • Sep 16Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 23 September 2025. Payment date: 03 October 2025. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 6.5%. Within top quartile of Lithuanian dividend payers (6.5%). Higher than average of industry peers (4.5%).
お知らせ • Sep 11AB Ignitis Grupe Approves Dividends for the Six-Month Period Ended 30 June 2025, Payable on 3 October 2025AB Ignitis grupe at its General Meeting of Shareholders held on 10 September 2025, approved to allocate a dividend of EUR 0.683 per ordinary registered share of AB ‘Ignitis grupe’ to the shareholders of the company and pay dividends of EUR 49,441,659.68 in total to the shareholders for the six-month period ended 30 June 2025. The Group notes that the persons entitled to receive dividends are those who are the owners of the Group's ORS at the end of the record date, i.e., at the end of 24 September 2025. The ex- date, from which the Group's ORS acquired on the stock exchange with settlement cycle of T+2 do not qualify for dividends for the first half of 2025, is 23 September 2025. The dividends will be paid on 3 October 2025 to the managers of the securities accounts of the Group's shareholders through the Nasdaq CSD SE Lithuanian branch.
Declared Dividend • Aug 15First half dividend increased to €0.68Dividend of €0.68 is 3.0% higher than last year. Ex-date: 23rd September 2025 Payment date: 1st January 1970 Dividend yield will be 6.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not covered by cash flows (456% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.7% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (61% net debt to equity). Dividend is not well covered by cash flows (442% cash payout ratio). Profit margins are more than 30% lower than last year (8.7% net profit margin).
Major Estimate Revision • May 21Consensus revenue estimates increase by 11%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from €2.47b to €2.75b. EPS estimate increased from €2.61 to €2.78 per share. Net income forecast to shrink 15% next year vs 2.3% growth forecast for Electric Utilities industry in Europe . Consensus price target of €27.30 unchanged from last update. Share price was steady at €21.35 over the past week.
Reported Earnings • May 15First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: €1.16 (down from €1.64 in 1Q 2024). Revenue: €772.8m (up 18% from 1Q 2024). Net income: €83.9m (down 29% from 1Q 2024). Profit margin: 11% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.
Upcoming Dividend • Apr 01Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 08 April 2025. Payment date: 22 April 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 6.3%. Lower than top quartile of Lithuanian dividend payers (6.5%). Higher than average of industry peers (4.8%).
Major Estimate Revision • Mar 05Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.77b to €2.52b. EPS estimate also fell from €3.19 per share to €2.73 per share. Net income forecast to shrink 29% next year vs 1.7% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €29.03. Share price fell 5.3% to €20.40 over the past week.
Declared Dividend • Feb 28Final dividend of €0.66 announcedShareholders will receive a dividend of €0.66. Ex-date: 8th April 2025 Payment date: 1st January 1970 Dividend yield will be 6.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 4 years and payments have been stable during that time. EPS is expected to decline by 26% over the next 3 years. However, it would need to fall by 67% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €3.82 (down from €4.42 in FY 2023). Revenue: €2.31b (down 9.5% from FY 2023). Net income: €276.2m (down 14% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 20Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.40b to €2.26b. EPS estimate rose from €3.35 to €3.86. Net income forecast to shrink 23% next year vs 10% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €29.03. Share price was steady at €19.02 over the past week.
Reported Earnings • Nov 14Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: €0.63 (down from €0.79 in 3Q 2023). Revenue: €528.8m (up 12% from 3Q 2023). Net income: €45.6m (down 20% from 3Q 2023). Profit margin: 8.6% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Nov 08AB Ignitis grupe, Annual General Meeting, Mar 26, 2025AB Ignitis grupe, Annual General Meeting, Mar 26, 2025.
お知らせ • Nov 07+ 3 more updatesAB Ignitis grupe to Report Q1, 2025 Results on May 14, 2025AB Ignitis grupe announced that they will report Q1, 2025 results at 9:00 AM, E. Europe Standard Time on May 14, 2025
Declared Dividend • Sep 14First half dividend increased to €0.66Dividend of €0.66 is 3.1% higher than last year. Ex-date: 24th September 2024 Payment date: 4th October 2024 Dividend yield will be 6.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 3 years and payments have been stable during that time. EPS is expected to decline by 41% over the next 3 years. However, it would need to fall by 68% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Sep 11+ 1 more updateAB Ignitis Grupe Approves Dividend for the Six-Month Period Ended 30 June 2024, Payable on 4 October 2024AB Ignitis grupe at its EGM held on September 11, 2024, approved to allocate a dividend of EUR 0.663 per ordinary registered share of the company to the shareholders of the company and pay dividends of EUR 47,993,880.48 in total to the shareholders for the six-month period ended 30 June 2024. The Group notes that the persons entitled to receive dividends are those who are the owners of the Group’s ordinary registered shares (hereinafter - ORS) at the end of the record date, i.e., at the end of 25 September 2024. The ex-date from which the Groups ORS acquired on the stock exchange with a settlement cycle of T+2 do not qualify for dividends for the first half of 2024 is 24 September 2024. The dividends will be paid to the managers of the securities accounts of the Group’s shareholders on 4 October 2024 through the Nasdaq CSD SE Lithuanian branch.
Major Estimate Revision • Aug 22Consensus revenue estimates decrease by 17%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.60b to €2.17b. EPS estimate increased from €3.33 to €3.56 per share. Net income forecast to shrink 27% next year vs 0.6% growth forecast for Electric Utilities industry in Europe . Consensus price target of €28.53 unchanged from last update. Share price was steady at €18.46 over the past week.
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: €0.69 (up from €0.40 in 2Q 2023). Revenue: €438.8m (flat on 2Q 2023). Net income: €49.7m (up 74% from 2Q 2023). Profit margin: 11% (up from 6.5% in 2Q 2023). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 7.8%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Aug 14AB Ignitis Grupe Proposes Dividend for the Six- Month Period Ended 30 June 2024AB Ignitis grupe at its EGM to be held on September 11, 2024 proposed dividend of EUR 0.663 per ordinary registered share for the six- month period ended 30 June 2024.
お知らせ • May 30Lithuanian Capital's Heat Supplier Mulls Buying 49% Stake in Vilnius CHP PlantVilniaus Silumos Tinklai AB (VST), Lithuania's largest heat supplier, does not rule out buying up to 49% of shares in Vilnius Combined Heat and Power Plant (Vilnius CHP) from AB Ignitis grupe (NSEL:IGN1L). Other market participants have not yet commented on whether they have intentions to acquire the stake, which the state-controlled energy group is planning to sell. VST CEO Gerimantas Bakanas says that the municipal-owned company can purchase up to 5% of Vilnius CHP under an agreement with Vilnius Municipality and Ignitis Group, but it is also considering buying the remaining 44%, which would give it control of the entire minority stake. "Regarding the 44%, VST will make a purely commercial decision on whether to participate and acquire (all of the Vilnius CHP shares on offer). We will evaluate, consider, and then decide. The company will look at how financially beneficial it will be," he told BNS. Ignitis Group announced last Thursday that it had completed the construction of the cogeneration plant, meaning that it has six months to launch the sale of a minority stake of up to 49% to comply with EU aid rules. Vytautas Kisielius, president of the Lithuanian Association of Independent Heat Suppliers, refused to tell BNS whether any of the organization's 15 members intend to participate in the planned Vilnius CHP share sale. Andrius Kasparavicius, spokesman for Gren Lietuva, which holds a 49% stake in Kaunas Combined Heat and Power Plant (Kaunas CHP), which is 51% owned by Ignitis Group, said that the company is aware of the opportunity to acquire 49% of Vilnius CHP but has not yet made a decision. "We always consider various investments," he told BNS. "We have no decision yet." Ignitis Group CEO Darius Maikstenas has said that a 49% stake in Vilnius CHP should be sold to a private partner in 2024.
Reported Earnings • May 16First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: €1.64 (down from €1.76 in 1Q 2023). Revenue: €653.5m (down 30% from 1Q 2023). Net income: €118.7m (down 6.7% from 1Q 2023). Profit margin: 18% (up from 14% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 53%. Revenue is forecast to stay flat during the next 3 years compared to a 1.1% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 05Final dividend of €0.64 announcedShareholders will receive a dividend of €0.64. Ex-date: 10th April 2024 Payment date: 23rd April 2024 Dividend yield will be 6.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.6% per year over the past 3 years and payments have been stable during that time. EPS is expected to decline by 49% over the next 3 years. However, it would need to fall by 68% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Mar 27AB Ignitis Grupe Approves Dividend for the Second Half of 2023, Payable on 23 April 2024The Ordinary General Meeting of Shareholders of AB "Ignitis grup" held on 27 March 2024 adopted a resolution to pay the dividend for the second half of 2023 in line with the Dividend Policy (link), EUR 0.643 per ordinary registered share (hereinafter - ORS). Accordingly, EUR 46,546,101.28 will be paid to the Group's shareholders in dividends in total for the reporting period from 1 July 2023 to 31 December 2023. The Group notes that those persons are entitled to receive dividends who are the owners of the Group's ORS at the end of the record date, i.e., at the end of 11 April 2024. The ex-date, during which ORS of the Group acquired on the stock exchange with settlement cycle of T+2 do not qualify for dividends for the second half of 2023, is 10 April 2024. The dividends will be paid to the securities account managers of the Group's shareholders on 23 April 2024 through Nasdaq CSD SE Lithuanian branch.
Major Estimate Revision • Mar 06Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €3.00b to €2.65b. EPS estimate unchanged from €3.03 per share at last update. Electric Utilities industry in Europe expected to see average net income decline 7.2% next year. Consensus price target of €27.55 unchanged from last update. Share price was steady at €18.60 over the past week.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: €4.42 (vs €4.04 in FY 2022)Full year 2023 results: EPS: €4.42 (up from €4.04 in FY 2022). Revenue: €2.55b (down 42% from FY 2022). Net income: €320.2m (up 9.1% from FY 2022). Profit margin: 13% (up from 6.7% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Dec 22AB Ignitis grupe Announces Resignation of Bent Christensen as an Independent Member of the Supervisory Board and the Nomination and Remuneration Committee, Effective January 4, 2024AB Ignitis grupe announced that on 21 December 2023, it received a Letter of Resignation from Bent Christensen, an independent member of the Supervisory Board and the Nomination and Remuneration Committee.B. Christensen's duties as a member of the Supervisory Board and the Nomination and Remuneration Committee will end on 4 January 2024. B. Christensen was first elected to the Group's Supervisory Board on 12 November 2020, and was later re-elected for a second term on 26 October 2021. Currently the Supervisory Board of the Company consists of 7 members, 5 of them are independent. After the resignation of B. Christensen, the Ministry of Finance of the Republic of Lithuania shall decide on selection of a new member of the Supervisory Board. The Nomination and Remuneration Committee of the Company currently consists of 3 members, 2 of them are independent. Following the resignation of B. Christensen, the Supervisory Board of the Company shall decide on the appointment of a new member of the Nomination and Remuneration Committee until the end of the term of office of the current Supervisory Board. The current term of office of the Supervisory Board ends on 25 October 2025. Following the resignation of B. Christensen, the Supervisory Board and its Nomination and Remuneration Committee will function as usual with the remaining members of the Supervisory Board. The Group will inform about the selection of a new independent Supervisory Board member in accordance with legal procedures.
お知らせ • Nov 28+ 4 more updatesAB Ignitis grupe to Report First Half, 2024 Results on Aug 14, 2024AB Ignitis grupe announced that they will report first half, 2024 results on Aug 14, 2024
Reported Earnings • Nov 22Third quarter 2023 earnings released: EPS: €0.79 (vs €0.97 in 3Q 2022)Third quarter 2023 results: EPS: €0.79 (down from €0.97 in 3Q 2022). Revenue: €471.2m (down 64% from 3Q 2022). Net income: €56.8m (down 19% from 3Q 2022). Profit margin: 12% (up from 5.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to fall by 5.1% p.a. on average during the next 3 years compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Sep 29Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €2.85 to €3.24. Revenue forecast steady at €3.61b. Net income forecast to shrink 35% next year vs 11% decline forecast for Electric Utilities industry in Europe. Consensus price target up from €25.55 to €27.55. Share price was steady at €20.70 over the past week.
Price Target Changed • Sep 28Price target increased by 12% to €27.55Up from €24.70, the current price target is an average from 2 analysts. New target price is 34% above last closing price of €20.60. Stock is up 8.5% over the past year. The company is forecast to post earnings per share of €3.24 for next year compared to €4.04 last year.
お知らせ • Sep 22AB Ignitis Grupe Approves Dividend for the Six-Month Period Ended 30 June 2023, Payable on 17 October 2023AB Ignitis grupe at its Extraordinary General Meeting of Shareholders held on 21 September 2023, approved to allocate a dividend of EUR 0.643 per ordinary registered share of the company to the shareholders and pay dividends of EUR 46,546,101.28 in total to the shareholders for the six-month period ended 30 June 2023. The Group noted that those persons who will be the owners of the Group’s ordinary registered shares at the end of 5 October 2023 (Record date) are entitled to receive dividends. The dividends will be paid to the managers of the securities accounts of the Group’s shareholders on 17 October 2023 through Nasdaq CSD SE Lithuanian branch. The Ex-Date on which shares of the Group acquired on the stock exchange with settlement cycle of T+2 do not qualify for dividend for the six-month period ended on 30 June 2023, is 4 October 2023.
Major Estimate Revision • Aug 29Consensus revenue estimates increase by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €3.18b to €3.60b. EPS estimate unchanged from €2.84 at last update. Electric Utilities industry in Europe expected to see average net income decline 5.3% next year. Consensus price target of €25.55 unchanged from last update. Share price was steady at €20.15 over the past week.
お知らせ • Aug 23AB Ignitis grupe Proposes Dividend for the Six months Ended June 30, 2023AB Ignitis grupe proposed dividend of EUR 0.643 per ordinary registered share of AB "Ignitis grup" to the shareholders of AB "Ignitis grup" and pay dividends of EUR 46,546,101.28 in total to the shareholders for the six-month period ended 30 June 2023 at the Extraordinary General Meeting to be held on September 21, 2023.
Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: €0.40 (vs €0.94 in 2Q 2022)Second quarter 2023 results: EPS: €0.40 (down from €0.94 in 2Q 2022). Revenue: €442.1m (down 40% from 2Q 2022). Net income: €28.6m (down 58% from 2Q 2022). Profit margin: 6.5% (down from 9.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 13% p.a. on average during the next 3 years compared to a 4.1% decline forecast for the Electric Utilities industry in Europe.
New Risk • Aug 23New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • May 24+ 1 more updateAB Ignitis grupe (NSEL:IGN1L) acquired BRVE SIA for EUR 0.2 million.AB Ignitis grupe (NSEL:IGN1L) acquired BRVE SIA for EUR 0.2 million on March 17, 2023.AB Ignitis grupe (NSEL:IGN1L) completed the acquisition of BRVE SIA on March 17, 2023.
Reported Earnings • May 24First quarter 2023 earnings released: EPS: €1.76 (vs €0.64 in 1Q 2022)First quarter 2023 results: EPS: €1.76 (up from €0.64 in 1Q 2022). Revenue: €928.3m (down 6.2% from 1Q 2022). Net income: €127.2m (up 172% from 1Q 2022). Profit margin: 14% (up from 4.7% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to fall by 16% p.a. on average during the next 3 years compared to a 3.2% decline forecast for the Electric Utilities industry in Europe.
Upcoming Dividend • Apr 06Upcoming dividend of €0.62 per share at 6.1% yieldEligible shareholders must have bought the stock before 13 April 2023. Payment date: 26 April 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Lithuanian dividend payers (5.9%). Higher than average of industry peers (4.9%).
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: €4.04 (vs €2.07 in FY 2021)Full year 2022 results: EPS: €4.04 (up from €2.07 in FY 2021). Revenue: €4.39b (up 135% from FY 2021). Net income: €293.4m (up 91% from FY 2021). Profit margin: 6.7% (down from 8.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 29% p.a. on average during the next 2 years compared to a 3.3% decline forecast for the Electric Utilities industry in Europe.
Price Target Changed • Feb 17Price target decreased by 18% to €20.00Down from €24.45, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €19.52. Stock is down 2.6% over the past year. The company is forecast to post earnings per share of €2.51 for next year compared to €2.07 last year.
Reported Earnings • Nov 23Third quarter 2022 earnings released: EPS: €0.97 (vs €0.63 in 3Q 2021)Third quarter 2022 results: EPS: €0.97 (up from €0.63 in 3Q 2021). Revenue: €1.29b (up 212% from 3Q 2021). Net income: €70.0m (up 50% from 3Q 2021). Profit margin: 5.4% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 12% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.
お知らせ • Nov 08+ 3 more updatesAB Ignitis grupe to Report Fiscal Year 2022 Results on Feb 28, 2023AB Ignitis grupe announced that they will report fiscal year 2022 results at 7:00 AM, Coordinated Universal Time on Feb 28, 2023
Major Estimate Revision • Oct 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €3.42b to €3.21b. EPS estimate rose from €2.00 to €2.51. Net income forecast to shrink 4.4% next year vs 6.6% growth forecast for Electric Utilities industry in Europe . Consensus price target broadly unchanged at €24.70. Share price fell 2.5% to €18.56 over the past week.
Upcoming Dividend • Oct 05Upcoming dividend of €0.62 per shareEligible shareholders must have bought the stock before 12 October 2022. Payment date: 25 October 2022. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 6.6%. Lower than top quartile of Lithuanian dividend payers (6.8%). Higher than average of industry peers (4.6%).
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: €0.94 (vs €0.16 in 2Q 2021)Second quarter 2022 results: EPS: €0.94 (up from €0.16 in 2Q 2021). Revenue: €741.9m (up 125% from 2Q 2021). Net income: €68.1m (up 461% from 2Q 2021). Profit margin: 9.2% (up from 3.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.4% compared to a 7.0% decline forecast for the Electric Utilities industry in Europe.
Major Estimate Revision • Aug 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €2.26b to €2.80b. EPS estimate unchanged from €2.00 at last update. Electric Utilities industry in Europe expected to see average net income growth of 7.9% next year. Consensus price target of €24.45 unchanged from last update. Share price rose 6.1% to €19.60 over the past week.
Price Target Changed • Jul 22Price target increased to €24.45Up from €22.15, the current price target is an average from 3 analysts. New target price is 35% above last closing price of €18.10. Stock is down 19% over the past year. The company is forecast to post earnings per share of €2.00 for next year compared to €2.07 last year.
Major Estimate Revision • Jun 11Consensus revenue estimates increase by 14%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €1.60b to €1.83b. EPS estimate increased from €1.26 to €2.00 per share. Net income forecast to grow 7.3% next year vs 2.1% growth forecast for Electric Utilities industry in Europe. Consensus price target of €22.15 unchanged from last update. Share price was steady at €18.30 over the past week.
Price Target Changed • Jun 11Price target decreased to €22.15Down from €24.23, the current price target is an average from 3 analysts. New target price is 21% above last closing price of €18.30. Stock is down 11% over the past year. The company is forecast to post earnings per share of €2.00 for next year compared to €2.07 last year.
Reported Earnings • May 21First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.64 (up from €0.49 in 1Q 2021). Revenue: €991.3m (up 156% from 1Q 2021). Net income: €46.8m (up 28% from 1Q 2021). Profit margin: 4.7% (down from 9.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to decline by 34% while the industry in Europe is not expected to grow.
Upcoming Dividend • Apr 04Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 11 April 2022. Payment date: 25 April 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 6.2%. Lower than top quartile of Lithuanian dividend payers (6.3%). Higher than average of industry peers (4.2%).
Reported Earnings • Mar 04Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €2.07 (down from €2.89 in FY 2020). Revenue: €1.87b (up 54% from FY 2020). Net income: €153.9m (down 9.9% from FY 2020). Profit margin: 8.2% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is expected to shrink by 17% compared to a 5.7% growth forecast for the industry in Europe.
Major Estimate Revision • Feb 04Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from €1.45 to €1.82. Revenue forecast steady at €1.67b. Net income forecast to shrink 22% next year vs 3.0% growth forecast for Electric Utilities industry in Europe . Consensus price target down from €25.61 to €24.23. Share price was steady at €20.70 over the past week.
Major Estimate Revision • Dec 29Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €1.68b to €2.16b. EPS estimate unchanged from €1.45 at last update. Electric Utilities industry in Europe expected to see average net income growth of 4.6% next year. Consensus price target of €24.23 unchanged from last update. Share price was steady at €20.90 over the past week.
Reported Earnings • Dec 03Third quarter 2021 earnings: EPS and revenues exceed analyst expectationsThird quarter 2021 results: EPS: €0.63 (down from €0.68 in 3Q 2020). Revenue: €427.3m (up 56% from 3Q 2020). Net income: €46.7m (up 27% from 3Q 2020). Profit margin: 11% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 53%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Earnings per share (EPS) surpassed analyst estimates by 32%. Over the next year, revenue is expected to shrink by 2.6% compared to a 7.9% growth forecast for the industry in Europe.
Upcoming Dividend • Oct 01Upcoming dividend of €0.59 per shareEligible shareholders must have bought the stock before 08 October 2021. Payment date: 21 October 2021. Trailing yield: 5.8%. Within top quartile of Lithuanian dividend payers (5.8%). Higher than average of industry peers (4.0%).
Reported Earnings • Sep 03Second quarter 2021 earnings released: EPS €0.16 (vs €0.96 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €329.6m (up 25% from 2Q 2020). Net income: €12.1m (down 77% from 2Q 2020). Profit margin: 3.7% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • May 28First quarter 2021 earnings released: EPS €0.49 (vs €0.33 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €393.4m (up 22% from 1Q 2020). Net income: €36.6m (up 103% from 1Q 2020). Profit margin: 9.3% (up from 5.6% in 1Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Feb 27Full year 2020 earnings released: EPS €2.88 (vs €1.04 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.22b (up 13% from FY 2019). Net income: €169.8m (up 200% from FY 2019). Profit margin: 14% (up from 5.2% in FY 2019). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Feb 27Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 4.9%, compared to a 16% growth forecast for the Electric Utilities industry in Europe.
Is New 90 Day High Low • Jan 13New 90-day high: €21.90The company is up 1.0% from its price of €21.74 on 15 October 2020. The Lithuanian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.32 per share.