Elia rises after FY guidance upgrade
Corrects company name in headline, no change to text.
** Shares in Elia Group ELI.BR are up 2%, gaining steam after opening slightly in red, as the grid operator raised FY net income guidance
** The Belgian company expects net income at the upper end of the 355-395 mln euros range ($376-418 million), which compares to an estimate of 375.5 mln euros cited by a trader
** ING says the upgrade is "a small deviation from the guidance"; estimates the upside at about 5-10 mln euros net
** Degroof Petercam says it is "pleased" to see guidance upgrade that implies the net results would land somewhat higher than the broker's current estimate
** Elia shares are among top performers on Belgium's blue-chip index BEL 20 .BFX
($1 = 0.9453 euros)
Reporting by Piotr Lipinski
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