Events after the review period and estimate of future outlook
1.1.14 Events after the review period and estimate of future outlook
Fingrid Group’s profit for the 2017 financial period, excluding changes in the fair value of derivatives and before taxes, is expected to improve somewhat. Grid service pricing for 2017 is set in such a way as to achieve a regulatory-allowed financial result.
Results forecasts for 2017 are complicated especially by the uncertainty related to grid income, ITC income and cross-border transmission income, and to reserve and loss power costs. These are particularly dependent on temperature variations and precipitation and changes in the hydrological situation in the Nordic countries, which affect electricity consumption and electricity prices in Finland and its nearby areas, and thereby also the volume of electricity transmission in the grid. The company’s debt service capacity is expected to remain stable.