Turkey · Delayed Price · Currency is TRY Enerjisa Enerji A.S. Earnings Call Transcripts
Fiscal Year 2026
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Operational earnings rose 5% and underlying net income surged 80% year-on-year in Q1 2026, driven by lower financing costs and favorable tax effects. Despite geopolitical and macroeconomic volatility, guidance for 2026 remains unchanged, with strong asset growth and disciplined capital management.
Fiscal Year 2025
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Operational earnings and net income exceeded guidance in 2025, driven by strong regulated business, disciplined cost management, and favorable regulatory changes. Investments and asset base grew above inflation, with a robust outlook for 2026 and a minimum 60% dividend payout policy.
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Operational earnings and underlying net income grew strongly year-over-year, with guidance for 2025 net income raised to TRY 7.5 billion due to investment rescheduling and lower financing costs. Regulatory adjustments, especially to WACC, are critical for future investment acceleration.