In the first six months of 2025, at the Electrica Group level, EBITDA recorded an increase of 63.1 percent, respectively 388.1 million RON, reaching a value of 1,002.7 million RON, compared to the value of 614.7 million RON achieved in the first six months of 2024.

This comes from the increase:

• by +266.8 million RON in the supply segment – ​​supply EBITDA reaching a value of 58.5 million RON from -208.3 million RON (negative) in the previous period, due to the improvement of the segment’s operational performance, with an increase in revenues of 364.7 million RON and other revenues, mainly subsidies, by 615.7 million RON;
• by +122.5 million RON in the distribution segment – ​​distribution EBITDA reaching 962.3 million RON in 2025 vs. 839.5 million RON in 2024, on the back of an increase in electricity distribution revenues of approximately 270.6 million RON.

Operating profit increased by 383.6 million RON, to 706.5 million RON, compared to 322.8 million RON in the first six months of 2024.

Net profit for H1 2025 increased by 319.4 million RON, reaching 421.4 million RON, from a profit of 102.1 million RON in the first half of the previous year.

Alexandru Chiriță, CEO of Electrica: “The results of the first half of 2025 confirm the solid growth trajectory of the Electrica Group. We recorded a consolidated net profit four times higher than the same period in 2024, and EBITDA exceeded the historic threshold of 1 billion lei. This performance reflects the efficiency of strategic decisions and the resilience of our integrated business model. Distribution continued to be a pillar of stability, supply recorded a significant recovery, and infrastructure investments accelerated, as planned.

With these results comes great responsibility. The complete liberalization of the market and the energy transition oblige us to be vigilant and continuously adapt. The real test is just beginning: to demonstrate that we can maintain the level of performance in a competitive and dynamic environment.

The strength of the Electrica Group lies in its people, the over 8,000 professionals who put their expertise and energy at the service of customers and communities every day. I thank them for their professionalism and dedication, as well as to investors for their trust. We will continue to invest in renewable energy, network modernization and operational efficiency, to build sustainable value in the long term.”

In the distribution segment, revenues increased by approximately 270.6 million RON, or 12.1 percent, to 2,515.0 million RON (of which 1,367.4 million RON revenues with external customers), compared to H1 2024, mainly due to the increase in the volume of electricity distributed by 3 percent compared to the previous period, in conjunction with the increase in tariffs by approximately 12.5 percent, according to ANRE Order no. 97/2024. The contribution of the electricity distribution segment to the Group’s consolidated revenues is 29.2 percent.

Regarding the supply segment, revenues increased in H1 2025 by approximately 364.7 million RON, or 12.4 percent, compared to the same period last year, to 3,302.5 million RON (of which 3,283.3 million RON revenues with customers external to the group), mainly as a net effect of the following four categories: i) the increase in the quantity of energy supplied on the retail market by 1 percent; ii) the increase in the acquisition cost, which determines higher subsidy revenues; iii) the change given by the new ANRE guide of July 29, 2024 regarding the new calculation of the amounts to be recovered from the capping (subsidies); iv) the amendment introduced by GEO no. 6/2025, which increases the percentage of recognition of imbalances in the electricity sector from 5 percent to 10 percent of the acquisition cost. The contribution of the supply segment to the Group’s consolidated revenues is 70.0 percent.