Greece · Delayed Price · Currency is EUR Public Power Corporation Earnings Call Transcripts
Fiscal Year 2025
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Strong 2025 results with adjusted EBITDA up 13% to EUR 2 billion and net income up 23% to EUR 0.45 billion, driven by renewables expansion and disciplined capital allocation. 2026 guidance targets further growth, with over EUR 700 million net income and 1.8 GW new renewables.
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Nine-month 2025 results show strong profitability and progress on renewables, flexible generation, and digitalization. Outlook targets €2.9B EBITDA and €900M net income by 2028, with no equity raise needed and a focus on Southeast Europe’s energy transition.
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EBITDA rose 7% to EUR 1 billion in H1 2025, driven by renewables and strong Q2 performance. Investments reached EUR 1.3 billion, with renewables now 50% of capacity and a robust pipeline. Full-year guidance is reaffirmed, with higher dividends and continued focus on growth and decarbonization.