Lithuania · Delayed Price · Currency is EUR AB KN Energies Earnings Call Transcripts
Fiscal Year 2025
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Record revenue and profit growth in 2025, with a 71% share price surge and strong segment performance. LNG terminal utilization led Europe, and major investments were made in biofuels and IT. CCS project advanced with EU support.
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First-half results showed strong revenue and EBITDA growth, driven by regulated business and a major contract extension. LNG and liquid energy segments performed well, with stable cash flow and a positive outlook for the year. Investments and sustainability projects are advancing.
Fiscal Year 2024
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Revenue rose 12% to EUR 94 million, with net profit up 16% and adjusted net profit doubling. Major achievements included the FSRU vessel acquisition, expansion in Germany, and strong commercial segment growth. CapEx is set to accelerate, with a EUR 400 million plan through 2030.
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Six-month revenues rose to EUR 43 million, with EBITDA up 30% and adjusted net profit at EUR 6.3 million. Commercial activities expanded, notably with new German LNG contracts, while regulated and liquid energy segments remained stable. FSRU acquisition and carbon capture projects are key future drivers.