EVN AG (FRA:EVN)
€ 29 -0.25 (-0.85%) Market Cap: 5.24 Bil Enterprise Value: 6.45 Bil PE Ratio: 10.54 PB Ratio: 0.79 GF Score: 76/100

Half Year 2025 EVN AG Earnings Call Transcript

May 26, 2025 / 08:00 AM GMT
Release Date Price: €23.35 (+0.43%)

Key Points

Positve
  • EVN AG (WBO:EVN) reported a solid half-year net profit of €250.6 million, marking a 26% increase compared to the previous year.
  • The company confirmed its full-year guidance, expecting group net results between €400 and €440 million, indicating a substantial step up in earnings levels.
  • EVN AG (WBO:EVN) is on track with its investment program, with investments up by 23% to €318 million, aligning with its plan to invest €900 million annually until 2030.
  • The company has successfully aligned its CO2 emission reduction targets with the 1.5-degree goal of the Paris Agreement, enhancing its ESG credentials.
  • EVN AG (WBO:EVN) has signed a new cooperation to install and operate 600 e-charging points, reinforcing its position as a market leader in Austria's e-mobility infrastructure.
Negative
  • Renewable generation volumes were lower due to unfavorable wind conditions, despite the expansion of wind and photovoltaic parks.
  • Market prices for EVN AG (WBO:EVN)'s electricity generation have declined year on year, impacting revenue from renewable generation.
  • The company experienced a drop in revenue from natural gas trading due to lower prices and volumes.
  • Higher procurement costs in the regulated energy supply business in Southeast Europe increased the cost of electricity purchases.
  • The generation segment faced revenue decreases due to declining market prices and lower generation volumes, with expected EBIT to be lower than last year.


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

EVNV.VI - EVN AG
Half Year 2025 EVN AG Earnings Call
May 26, 2025 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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Hello and good morning ladies and gentlemen, and welcome to EBN's call regarding the results for the first half of the 2024-2025 financial year.

At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation.

Let me now turn the floor over to Alexandra Wittmann.

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Unidentified_2 [2]
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Good morning everybody to EVN's conference call on the results for the first half of our current financial year.

Our half year results are solid and in line with expectations. Group net profit
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