Excluding normalizations related primarily to tariff deviations in the business in Moldova, revenue grew 63% year-on-year, to EUR835.5 million, while adjusted EBITDA expanded more than threefold, to EUR102.6 million. Net profit reached EUR61.8 million in 1H 2025, compared to EUR19.9 million in 1H 2024, while normalized net profit amounted to EUR31.6 million, reflecting a 23% year-on-year increase.
The renewable segment generated EUR 90 million in revenue, up 3% year-on-year, while EBITDA stood at EUR 13 million, reflecting the impact of higher balancing costs, greater intraday price volatility, and lower wind conditions in 1Q 2025.
“Our performance in the first half of 2025 demonstrates the resilience and scalability of our integrated model. We achieved a 236% year-on-year increase in owned renewable production, reflecting both our sustained investment in new capacity and the successful integration of acquisitions completed last year,” stated José Garza, CEO of the Premier Energy Group.
With the integration of Premier Energy Furnizare, the Group consolidated its position as the fourth electricity supplier in Romania, serving over 1.3 million customers locally.
„At the same time, the diversification across production, distribution and supply of electricity and natural gas ensured overall growth for our business, despite market headwinds such as high balancing costs and volatile wind conditions. With more than 153 MW of renewable projects under construction and further 175 MW in the pipeline, we remain confident in our continued growth trajectory,” added the company’s CEO.
The company’s shares have climbed by 5.4% since the start of the year amid a RON2.6 billion capitalization.
(English version by Catalina Apostoiu)