In the first quarter of 2019, the number of electricity deliveries in the Consumer and Business segments increased by 1,679, all of which organic. The number of electricity deliveries in the Consumer and Business segments at the end of Q1 2019 was 606,652.
At the end of the first quarter 2019, Extended Alliance comprised 33,822 electricity deliveries, an increase of 358 electricity deliveries from last quarter.
In total, the Group had 640,474 electricity deliveries at the end of the first quarter 2019. This is an increase of 86,291 electricity deliveries compared to the end of the first quarter 2018.
In February 2019, Elhub was implemented. Elhub is Statnett’s new IT solution for information exchange between actors in the power market. Following the implementation of Elhub, there has been some delay in processes related to start-up and termination of electricity deliveries.
“We are pleased with our organic growth in a quarter where we have seen high electricity prices, and where the start-up of new customers has been delayed” says Rolf Barmen, CEO of Fjordkraft.
The number of mobile subscriptions grew by 5,667 in the first quarter of 2019, reaching a total of 71,648 subscriptions at the end of the period.
“Following Ice’s acquisition of Komplett, Fjordkraft is now the largest mobile service provider without its own mobile network. The vast majority of our mobile subscribers are also electricity customers. This shows the interest for bundled services, and contributes to increased loyalty,” says Barmen.
For queries, please contact:
Morten A. W. Opdal, Head of Controlling and Investor Relations, +47 970 62 526