EDP-Energias De Portugal SA (STU:EDPA)
€ 44.6 +0.40 (+0.9%) Market Cap: 18.70 Bil Enterprise Value: 45.33 Bil PE Ratio: 16.76 PB Ratio: 1.59 GF Score: 72/100

Q2 2026 EDP SA Earnings Call Transcript

Jul 30, 2026 / 07:30AM GMT
Release Date Price: €44.2 (+0.91%)
Miguel Viana
EDP SA - Head of Investor Relations

Good morning, ladies and gentlemen. Thank you for attending EDP's first-half '26 results conference call. We have today with us our CEO, Miguel Stilwell De Andrade; and our CFO, Rui Teixeira, which will present you the main highlights and our strategy execution and first half '26 financial performance. (Operator Instructions)

I'll give you now the floor. To our CEO, Miguel Stilwell Andrade.

Miguel Stilwell De Andrade
EDP SA - Chief Executive Officer of EDP and EDP Renovaveis, Member of the Executive Board of Directors

Thank you, Miguel. Good morning to everyone, and welcome to the EDP first-half results conference call. I'll jump straight into slide 3 and start off by saying that EDP delivered a very strong first half of 2026. We had recurring EBITDA of around EUR2.7 billion, so that's up 5% year-on-year. We had a recurring net profit at around EUR0.8 billion, so broadly flat versus the last year.

However, the key message really is that the Group is performing very well across its core

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