The company has a RON52.6 billion capitalization.
„Hidroelectrica Group recorded operational and financial results in the first quarter of 2025 above the budget estimates but lower compared to the same period of 2024. The difficult operational context, marked by unfavorable hydrological conditions, led to a 38% decrease in net electricity production compared to the same period of the previous year – to 2,654 GWh, the lowest level in the last 10 years for the first quarter,” reads the company’s report.
Revenues were 26% lower compared to Q1 2024, and the decrease in operating margin by 42% and net margin by 40% compared to the same period of 2024 reflectsthe reconfiguration of the revenue structure, with an increasing share of the supply segment. „Even in this context, Hidroelectrica Group recorded a gross profit 26% above the forecasted level, demonstrating efficient resource management and the ability to withstand adverse natural cycles”.
In the first quarter of 2025, net electricity production recorded a significant decline of approximately 38% compared to the same period of the previous year, reaching 2,654 GWh – the lowest Q1 level in the past 10 years.
This substantial impact was primarily caused by unfavorable hydrological conditions, specifically a severe hydrological drought, with the average flow of the Danube River during Q1 2025 dropping to just 4,257 m³/s, approximately 40% below the level recorded in Q1 2024.
„This hydrological risk was anticipated by the company and factored into the 2025 revenue and expenditure budget. Through a prudent approach and rigorous financial planning, the natural conditions’ impact was partially mitigated by adapting the commercial strategy, including forward market trading and strengthening the supply segment. As a result, the company recorded a gross profit exceeding budget estimates by 26%”.
(English version by Catalina Apostoiu)