EDP shares slip despite jump in 2025 profit
#EDP #profit increase #renewable energy #European markets #asset sales #dividend increase #capacity expansion
📌 Key Takeaways
- EDP reported 44% higher 2025 net profit despite share decline
- Renewables subsidiary turned from significant loss to profitability
- Lower asset sale gains and currency pressures affected investor sentiment
- Board proposes 2.5% dividend increase to 0.205 euros per share
📖 Full Retelling
EDP, the Portuguese electric utility company, reported a 44% rise in 2025 net profit to 1.15 billion euros in European markets on Thursday, despite its shares declining in mid-morning trading, as investors reacted to mixed financial results and reduced gains from asset sales. The company's strong performance was primarily driven by its renewable energy subsidiary EDP Renovaveis, which posted a net income of 216 million euros, successfully reversing a substantial 556 million-euro loss from 2024. However, the positive financial results were tempered by lower capital gains from wind and solar park sales, which decreased to 64 million euros from 181 million euros the previous year, as the company continues to divest mature assets to fund new projects. Despite operational improvements with EBITDA increasing 5% to over 5 billion euros and operating costs falling 2% to 1.9 billion euros, EDP's shares faced downward pressure due to several headwinds including lower power prices in Portugal and Spain and a weaker Brazilian real that reduced contributions from their Brazilian unit.
🏷️ Themes
Energy sector performance, Renewable energy transition, Financial results and market reaction
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nvidia, Salesforce earnings; U.S.-Iran nuclear talks - what’s moving markets Nvidia shares edge up as cash return questions remain despite revenue outlook beat Nvidia’s results beat estimates, but Wall Street wants more cash return Nasdaq ends more than 1% higher as Nvidia rises pre-earnings, tech extends rebound (South Africa Philippines Nigeria) EDP shares slip despite jump in 2025 profit By Pratyush Thakur Author Pratyush Thakur Earnings Published 02/25/2026, 04:40 PM Updated 02/26/2026, 04:51 AM EDP shares slip despite jump in 2025 profit 0 EDP -0.76% Brazil Real Euro -0.06% EDPR -1.41% Investing.com -- EDP reported a 44% rise in 2025 net profit, supported by stronger earnings from its renewables business, despite lower gains from asset sales. Shares of EDP were lower in mid-morning European trading on Thursday. Get ahead with breakingnews & insights on InvestingPro Net profit at the Portuguese electric utility grew to 1.15 billion euros. Its subsidiary EDP Renovaveis posted net income of 216 million euros, reversing a 556 million-euro loss in 2024. Capital gains from the sale of wind and solar parks fell to 64 million euros from 181 million euros, as the company continued to sell stakes in mature assets to fund new projects. EBITDA increased 5% to more than 5 billion euros, while operating costs fell 2% to 1.9 billion euros, even as EDP added 2.1 gigawatts of capacity. Total installed capacity reached 32.7 GW, with 87% from renewable sources. Results were weighed by lower power prices in Portugal and Spain and a weaker Brazilian real, which reduced the contribution from its Brazil unit. The board will propose a 2.5% increase in the 2025 dividend to 0.205 euros per share at its April 16 annual meeting. Scott Kanowsky contributed reporting.
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