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AB Ignitis Grupe Ordinary Shares IGN1L

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Morningstar’s Analysis

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Company Profile

Business Description

AB Ignitis Grupe is a utility and renewable energy company in the Baltic region. The group's core business is focused on operating electricity and gas distribution networks. It operates in four segments: Customers & Solutions, which is into electricity and gas supply, trading and balancing, energy efficiency projects, construction of solar power plants for businesses and residents, installation and operation of electric vehicle charging stations, and energy solutions; Networks segment, which is engaged in the operation, maintenance, management and development of electricity and gas distribution networks; Green Generation segment; and Flexible Generation segment. The vast majority of the revenue comes from the Customers & Solutions and Network segments.

Contact
Zveju street 14
Vilnius, LT-09310, Lithuania
T +370 52782998
Sector Utilities
Industry Utilities - Diversified
Most Recent Earnings Jun 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type
Employees 3,916