Integrated Report 2024

2024 financial performance

2024 financial performance

While it continues to pursue its strategic objectives and observe the price trajectory of the ATRT8, the company’s financial performance and balance sheet remained robust in 2024. NaTran posted revenue of €2,090 million in 2024. This was down (by €22M) on 2023. The 19% increase in gas transport tariffs on 1 April was offset by a reduction in capacity compared to 2023, which included additional capacity sales to Germany on top of historical capacity.

EBITDA for the 2024 financial year was €1,009 million (€1,055 million in 2023), down by €46 million on the previous year. This change is mainly due to sales and the impact of inflation on net operating expenses.