As the Group’s activities are regulated both in Belgium and in Germany, the risk profile improved considerably thanks to the acquisition of 50Hertz Transmission, as this diversified a significant proportion of the legislative and regulatory risk.
In 2009, the Elia share had closed at €27.30. The closing rate at the end of 2010 was €28.66, i.e. up 4.98%. If the dividend of €1.38 is taken into account, the share price rose 10.04% during the year. The lowest price was on 8 June 2010 (€23.92) and the highest in December (€29.45). The Elia share performed 2.31%, better on an annual basis than the Bel20 index which was up 2.67% in 2010.
■ Elia ■ Bel20 109 108 107 106 105 104 103 102 101 100 99 98 97 96 95 94 93 92 91
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