The adjusted net profit of the company reached 6.3 million euros – 4.5% less than last year (6.6 million euros), while its revenue grew by 41.1% to 49.4 million euros (35 million euros), Amber Grid reported on Friday.
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“In the first half of this year, we achieved significant growth in financial results, driven not only by higher gas transmission volumes but also by more efficient operations. A colder winter once again confirmed the importance of Lithuania’s gas transmission system for the country’s and region’s energy security,” said Amber Grid’s CFO Gytis Forminas in a statement.
Meanwhile, the unadjusted EBITDA reached 30.4 million euros – 2.76 times more than in January–June 2025 (11 million euros), and the unadjusted net profit was 18.1 million euros or 6.46 times more (2.8 million euros).
In the first half of the year, 10.1 terawatt-hours (TWh) of gas were consumed in Lithuania – 16% less than at the same time last year (8.7 TWh). Demand grew due to increased needs for fertilizer production and a cold winter.
Through the Klaipėda liquefied natural gas (LNG) terminal, 18.6 TWh of gas was supplied in the first half of the year – almost 31% more than at the same time last year. Inflows through the Klaipėda terminal accounted for 88% of all gas transported to Lithuania’s transmission system.
For the needs of Latvia, Estonia, and Finland, 8.8 TWh of gas was transmitted via the gas pipeline connection between Lithuania and Latvia – 47% more, while 2.3 TWh or 40% more was transmitted to Poland via the GIPL connection.
The company’s expenses in January–June amounted to 26.4 million euros and were 16% lower than a year ago. The biggest impact was from a 4.8 million euro reduction in technological natural gas costs.
Amber Grid belongs to the state-owned energy exchange and transmission group Epso-G, which holds 96.6% of the company’s shares.
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