Fluxys : recurring result in line with expectations and modification of financial structure


Press release - 14 March 2012

Regulated information: 2011 results

Fluxys: recurring result in line with expectations and modification of financial structure

  • Proposal to split the Fluxys share into 100 parts to boost liquidity and enhance accessibility
  • Results for 2011 yield a net dividend of €2.16 per split share
  • Distribution of reserves to move towards a financial structure more in line with the regulatory framework: additional non-recurring net dividend of €4.50 per split share
  • New records set in February 2012 for natural gas consumption on the Belgian market
  • Further consolidation of the Fluxys grid as a natural gas crossroads in North-Western Europe: €253 million invested in 2011
  • Zeebrugge: LNG terminal particularly busy and records set at Hub Zeebrugge
  • Significant demand for long- and short-term storage capacity and for short-term border-to-border transmission capacity

 

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