Chile · Delayed Price · Currency is CLP Enel Américas Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw strong financial and operational results, with EBITDA up 16% and net income up 9% year-over-year, driven by grid investments and favorable currency trends. Regulatory risks in Brazil and a one-time wealth tax in Colombia impacted results, but guidance remains unchanged.
Fiscal Year 2025
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Q3 EBITDA rose 10% year-over-year to $1.03 billion, driven by strong generation in Colombia and grid improvements in Brazil. Investments surged, the share buyback was oversubscribed, and 2025 guidance for EBITDA and net income is reaffirmed.
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Q2 2025 saw strong EBITDA and net income growth, driven by grid investment, improved hydro conditions, and regulatory gains in Argentina. Debt rose due to FX and tax payments, but guidance is confirmed and financial position remains solid.
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Investments in grids and renewables drove operational improvements, with adjusted EBITDA up 5% year-over-year despite FX headwinds. Net income fell due to discontinued operations, but financial expenses dropped and guidance for 2025 is confirmed.
Fiscal Year 2024
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Investments in grids and renewables drove stable EBITDA despite FX and hydro challenges. Record net income, significant debt reduction, and a tripled dividend per share were achieved, with 2025 guidance confirmed and regulatory milestones ahead.
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Investments in grids and renewables drove operational growth, while EBITDA declined 6% in Q3 due to FX and drought in Colombia. Debt was reduced by 30% after asset sales, and positive free cash flow is expected by year-end. Hydrological impacts in Colombia are being actively managed.
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Completed $4.4B asset sales in Peru, boosting net income and reducing net debt by 65%. Operational focus shifted to Brazil with increased grid investments, while renewable capacity and energy sales grew significantly. Dividend payout for 2024 will reflect record net income.