Austria · Delayed Price · Currency is EUR EVN AG Earnings Call Transcripts
Fiscal Year 2026
-
Q1 results met expectations, with strong network and Southeast Europe segments offsetting weaker generation due to low wind/hydro and prices. €1 billion annual CapEx continues, and full-year net result is guided at €430–480 million.
Fiscal Year 2025
-
Solid financial performance with EBIT up 21% and net result at EUR 437 million, supported by strong network and Southeast Europe segments. CapEx ramped up to EUR 1 billion annually, with a new dividend policy and 2030 EBITDA target of EUR 1.1-1.2 billion.
-
EBIT rose 18% year-on-year, but group net result fell 9% due to lower financial results. Revenue grew 5% to EUR 2.4 billion, and CapEx increased 22% to EUR 535 million. Full-year guidance and investment plans are confirmed, with stable outlook for key segments.
-
Net profit rose 26% year-over-year to EUR 250.6 million, with strong network and district heating performance offsetting lower renewable generation and electricity prices. Full-year guidance is confirmed at EUR 400–440 million, with robust investment and ESG progress.
-
Q1 results show normalized earnings with net income down 19.7% year-on-year, but full-year guidance is confirmed at EUR 400–440 million. Investments in renewables and infrastructure remain strong, and the sale of the international project business is progressing.
Fiscal Year 2024
-
Revenue declined 13.6% year-over-year to EUR 3.3 billion, but renewables share in generation rose to nearly 85%. Net result was EUR 471.7 million, with a proposed dividend of EUR 0.90 per share. Investments and renewable expansion remain key priorities.
-
Revenue declined 13.9% year-over-year due to lower wholesale prices, but net result reached €479.6 million, with strong renewable generation and improved financial results. Outlook for the year is at the upper end of €420–460 million, with continued high investment in renewables and networks.