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    HomeBusiness & InvestmentsEconomicsElectrica reports net profit of 195.7 million RON, up 53.2 percent in...

    Electrica reports net profit of 195.7 million RON, up 53.2 percent in Q1

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    Electrica recorded a net profit of 195.7 million RON for the first quarter of the year, up 53.2 percent compared to the same period of 2024, according to the financial report submitted to the Bucharest Stock Exchange.

    This result is generated mainly by the performance of the distribution segment in the context of the increase in revenues as a result of the increase in quantity distributed.

    Alexandru Chirita, CEO of Electrica said: “The results for the first quarter of 2025 confirm the resilience of our business model and Electrica Group’s ability to perform in a complex economic and operational environment. The solid growth in EBITDA and net profit is mainly supported by the contribution of the distribution segment, as well as by the balanced performance across all our business lines.

    At the same time, we are accelerating investments in infrastructure and renewable energy projects, with the clear objective of strengthening our position as a key player in Romania’s energy transition.

    I am confident that our operational discipline, long-term vision, and the professionalism of my colleagues will enable us to deliver sustainable value to all stakeholders and contribute to building a secure and green energy future for Romania.”

    EBITDA at the Electrica Group level recorded an increase of 14.6 percent or 58.5 million RON in Q1 2025, up to 459.3 million RON, compared to Q1 2024, mainly due to the operational performance of the distribution segment, given the increase in revenues from electricity distribution by 14.8 percent or about 167.6 million RON, to the value of 1.29 billion RON.

    On the distribution segment, revenues increased by approximately 167.6 million RON or 14.8 percent to 1.29 billion RON (of which 684.2 million RON revenues with external customers), compared to Q1 2024, mainly due to the increase in the volume of electricity distributed by 4.8 percent compared to the previous period, combined with the increase in tariffs starting with 01.01.2025 by approx. 12.5 percent; the contribution of the electricity distribution segment to the Group’s consolidated revenue is 27.2 percent.

    For the supply segment, revenues increased in Q1 2025 by approximately 203.3 million RON, or 12.6 percent, compared to the same period last year, to 1.81 billion RON, mainly as a net effect of the following 3 categories: i) the increase in the quantity of energy supplied on the retail market by 3.7 percent, ii) the increase in the purchase cost which results in higher subsidy revenues and iii) the change given by the new ANRE guide dated 29 July 2024 regarding the new calculation of the amounts to be recovered from the cap (subsidies). The contribution of the supply segment to the Group’s consolidated revenues is in the proportion of 71.9 percent.

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