EDP Renovaveis SA (CHIX:EDPRu)
€ 10.1 (0%) Market Cap: 11.09 Bil Enterprise Value: 21.73 Bil PE Ratio: 0 PB Ratio: 0.97 GF Score: 67/100

Q1 2025 EDP Renovaveis SA Earnings Call Transcript

May 8, 2025 / 02:00 PM GMT
Release Date Price: €7.62

Key Points

Positve
  • EDP Renovaveis SA (EDRVF) reported a 17% year-on-year increase in installed capacity, reaching 19.3 gigawatts.
  • Electricity generation grew by 10% year-on-year, totaling around 10.9 terawatt hours.
  • The company achieved a 20% increase in underlying recurring EBITDA, highlighting strong business execution.
  • Operational efficiency improved, with core operating expenses per average megawatt in operation decreasing by 9% year-on-year.
  • EDP Renovaveis SA (EDRVF) has a strong position with a high-quality, diversified asset base, primarily focused on North America and Europe.
Negative
  • The average selling price decreased by around 5% year-on-year, impacted by lower prices in Europe and South America.
  • The company experienced a very weak quarter of wind in Europe, the weakest in the last 86 years.
  • Financial costs increased by 17 million euros year-on-year due to a 2.3 billion euro increase in nominal financial debt.
  • Net debt increased to 8.9 billion euros as of March 2025, driven by net expansion investments.
  • There is uncertainty surrounding the US market due to potential changes in the Inflation Reduction Act and its impact on tax credits.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EDPR.LS - EDP Renovaveis SA
Q1 2025 EDP Renovaveis SA Earnings Call
May 08, 2025 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon. We welcome you to the EDP renewables first quarter 2025 results presentation conference call.

During the presentation, all participants will be on a listening on mode. There will be an opportunity to ask questions after the presentation. If you wish to ask a question during the Q&A session, you may do so by pressing the start key followed by 5 on your telephone keypad. If you're experiencing any difficulty in listening to the conference at any time, please make sure you have your headset fully plugged in, or alternatively, please TRY calling from a different device.

I now have the conference over to Mr. Belvian, head of IR and EST. Please go ahead, sir.

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