Peter Michiels - Elia Group Executive

ELI Stock  EUR 83.35  0.95  1.15%   

Executive

Mr. Peter Michiels has served as Chief Human Resources Internal Communication Officer, Member of the Management Committee of Elia System Operator N.V. since January 3, 2017. He joined Elia as Chief Human Resources Internal Communication Officer on 1 January 2017. Peter Michiels has many years of experience in the field of human resources. He started his career in 1990 as consultant for VEV, now SD Worx. In 1995 he leaves for the British multinational chemistry group ICI, where he successively fills the positions of Head of Payroll Admin, HR Lead for Headquarters and other ICI operations in Belgium, and finally HR Director Europe . In 1999 ICI is acquired by Huntsman. Peter Michiels retains his position until 2004, when he is promoted to Corporationrationrate HR Director EMEA for the entire Huntsman group. As of 2009, he was also Global Business Partner. In 2013, Peter Michiels leaves for Esko, where he becomes Global Vice President HR until late 2016, after which he joined Elia. since 2017.
Tenure 7 years
Phone32 2 546 74 29
Webhttps://www.elia.be

Elia Group Management Efficiency

Elia Group's management efficiency ratios could be used to measure how well Elia Group manages its routine affairs as well as how well it operates its assets and liabilities.
Elia Group SANV has accumulated 7.66 B in total debt with debt to equity ratio (D/E) of 1.74, which is about average as compared to similar companies. Elia Group SANV has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Elia Group until it has trouble settling it off, either with new capital or with free cash flow. So, Elia Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elia Group SANV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elia to invest in growth at high rates of return. When we think about Elia Group's use of debt, we should always consider it together with cash and equity.

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Elia Group SANV operates a transmission system for the electricity network, and for the offshore grids in Belgium and internationally. The company was formerly known as Elia System Operator SA and changed its name to Elia Group SANV in January 2020. ELIA GROUP operates under UtilitiesRegulated Electric classification in Belgium and is traded on Brussels Stock Exchange. It employs 2750 people. Elia Group SANV (ELI) is traded on Euronext Brussels in Belgium and employs 2,750 people.

Management Performance

Elia Group SANV Leadership Team

Elected by the shareholders, the Elia Group's board of directors comprises two types of representatives: Elia Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Elia. The board's role is to monitor Elia Group's management team and ensure that shareholders' interests are well served. Elia Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Elia Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Markus Berger, Chief Infrastructure Officer, Member of the Management Committee
Pascale Fonck, Member of the Management Committee, Chief Officer External Relations
Peter Michiels, Member of the Management Committee, Chief Human Resources & Internal Communication Officer
Stefan Kapferer, CEO Board
James Donnadieu, Markets Customers
Chris Peeters, Chairman of the Management Committee, Chief Executive Officer
Patrick Leener, Member of the Management Committee, Chief Customers, Market & System Officer
Catherine Vandenborre, Chief Financial Officer, Member of the Management Committee
Michael Diersburg, Chief Board
Frederic Dunon, Chief Assets Officer/Chief Operations, Maintenance & Methods Officer; Member of the Management Committee

Elia Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Elia Group a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Elia Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elia Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elia Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Elia Stock

  0.74ABI Anheuser Busch InbevPairCorr
  0.96SOF Sofina Socit AnonymePairCorr
  0.88BREB Brederode SAPairCorr

Moving against Elia Stock

  0.79UCB UCB SAPairCorr
  0.5AGS ageas SANVPairCorr
The ability to find closely correlated positions to Elia Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elia Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elia Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elia Group SANV to buy it.
The correlation of Elia Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elia Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elia Group SANV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elia Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Elia Stock Analysis

When running Elia Group's price analysis, check to measure Elia Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elia Group is operating at the current time. Most of Elia Group's value examination focuses on studying past and present price action to predict the probability of Elia Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elia Group's price. Additionally, you may evaluate how the addition of Elia Group to your portfolios can decrease your overall portfolio volatility.