Net profit exceeded the plan for 2017 by EUR 2.6m or 23%, Ribič noted, adding that this was almost a ceiling for the company, among other things because of certain changes in the system.
Matej Ravnikar, the executive director for accounting and finance, added that Elektro Ljubljana's operations were "relatively stable", noting that revenue was up by 2% last year to EUR 97m and 6% more than planned.
According to Ravnikar, the company generated EUR 43m in gross operating cash flow, which is 4% above plans.
Investments of EUR 33m last year were the highest in the last five years, but the company nevertheless managed to reduce its financial liabilities by 11%.
Elektro Ljubljana remains active in e-mobility and is planning additional reconstruction work in the old city power plant in Ljubljana's centre, which it wants to turn into a new multi-purpose centre.
Also singled out as major investments are investments in the measuring system and electricity metres, Ravnikar said, adding that the company had received EUR 5.4m in EU grants to build an advanced measurement system by 2022.
Ribič noted that Slovenia had been hit at the end of last year by storms, heavy snow and strong winds, which had destroyed a total of 90 km of the electricity distribution network.
He also pointed to an increasing number of cyber attacks, adding that Elektro Ljubljana was cooperating with other power companies in establishing a joint security and operational centre.
