Chile · Delayed Price · Currency is CLP Colbún Earnings Call Transcripts
Fiscal Year 2026
-
Q2 2026 saw 12% revenue and EBITDA growth, driven by higher sales and generation in both Chile and Peru, despite a 23% drop in net income due to non-recurring costs. Key projects advanced, and liquidity remained strong, with improved hydro conditions supporting outlook.
Fiscal Year 2025
-
Q4 2025 saw higher operating income but lower net profit due to increased costs and asset impairments. Major renewable projects advanced, a $500M green bond was issued, and dividend distributions continued. CapEx for 2026 will focus on BESS and substation projects.
-
Q3 2025 saw stable operating income but a 25% drop in EBITDA, impacted by lower generation and higher costs. Major renewable projects advanced, and a green bond was issued for refinancing. Net leverage remained at 2.6x, with insurance recoveries for plant outages pending.
-
Second quarter saw lower earnings due to outages and weaker generation, with net profit down to $48M and EBITDA down 8% YoY. Major CapEx is focused on storage projects, while refinancing and operational recovery are key near-term priorities.