Fluxys Belgium - Regulated information: 2017 results


  • Regulated turnover remains stable
  • Net profit increases by €21.8 million, €16.2 million of which is due to the one-off impact of tax reform
  • Tax reform has positive impact on future tariffs but no effect on the dividend to be paid out
  • Fluxys Belgium proposes to the Annual General Meeting on 8 May 2018 a gross dividend of €1.23 per share
  • Successful long-term bond issue worth €350 million
  • Investments: €83.4 million, mainly for the construction of the fifth tank at the Zeebrugge LNG terminal
  • Belgian network plays key role as a natural gas crossroads: border-to-border transmission volumes up 20%
  • Gas-fired power plants crucial to security of electricity supply
  • Belgian gas trading still growing steadily
  • Transmission tariffs drop by approximately 7.5% in 2018
  • Natural gas as a fuel for transport continues to rise

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Attachments

Fluxys Belgium press release: results 2017