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Engie Energia Chile S A : Press Release EECL 1Q25 English
Engie Energia Chile S A : Press Release EECL 1Q25
About this update from Engie Energia Chile S.a.
[{"type":"text","content":"\n \n April 30, 2025\n \n \n \n ENGIE ENERGÍA CHILE REPORTED EBITDA OF US$160 MILLION AND NET INCOME OF US$78 MILLION IN THE FIRST QUARTER OF 2025.\n \n \n EBITDA REACHED US$159.5 MILLION IN THE FIRST QUARTER OF 2024, REFLECTING A STRONG OPERATING PERFORMANCE DESPITE HIGHER SYSTEM MARGINAL COSTS EXPLAINED BY LOWER AVAILABILITY OF COST-EFFICIENT POWER GENERATION UNITS AND TRANSMISSION RESTRICTIONS DERIVED FROM THE MASSIVE POWER BLACK-OUT IN CHILE IN THE MONTH OF FEBRUARY. STRONG OPERATING RESULTS HAVE CONTRIBUTED TO ONGOING RECOVERY IN LEVERAGE AND LIQUIDITY RATIOS THAT HAVE IN TURN ALLOWED THE COMPANY TO CONTINUE WITH ITS AMBITIOUS INVESTMENT PLANS AND DECARBONIZATION PROCESS.\n \n \n Operating revenues amounted to US$515.4 million in the first quarter of 2025, a 16% increase compared to the first quarter of 2024, mainly due to increased physical sales to regulated customers.\n EBITDA amounted to US$159.5 million in the first quarter of 2025, a 15% increase compared to the first quarter of 2024. The main reasons behind the EBITDA increase include the increase in the electricity margin, gas sales and lower fuel costs.\n Net Results amounted to US$77.8 million in the first quarter of 2025, which positively compares to US$46.1 million in the first quarter of the previous year. This was primarily explained by improved operating results.\n Financial Highlights (in US$ millions)\n \n 1Q24\n \n \n 1Q25\n \n \n Var %\n \n \n Total operating revenues\n \n \n 442.7\n \n \n 515.4\n \n \n 16%\n \n \n Operating income\n \n \n 103.3\n \n \n 128.6\n \n \n 24%\n \n \n EBITDA\n \n \n 138.3\n \n \n 159.5\n \n \n 15%\n \n \n EBITDA margin\n \n \n 31.2%\n \n \n 31.0%\n \n \n -1%\n \n \n Total non-operating results\n \n \n Net income attributed to controlling shareholders\n \n \n (39.9)\n \n \n 46.1\n \n \n (22.7)\n \n \n 77.8\n \n \n -43%\n \n \n 69%\n \n \n Earnings per share (US$/share)\n \n \n 0.04\n \n \n 0.07\n \n \n Total energy sales (GWh)\n \n \n 3,142\n \n \n 3,353\n \n \n 7%\n \n \n Total net generation (GWh)\n \n \n 1,240\n \n \n 1,285\n \n \n 4%\n \n \n Energy purchases on the spot market (GWh)\n \n \n 935\n \n \n 1,014\n \n \n 8%\n \n \n Energy purchases - back up (GWh)\n \n \n 986\n \n \n 1,003\n \n \n 2%\n \n ENGIE ENERGÍA CHILE S.A. (\"ECL\") is engaged in the generation, transmission and supply of electricity and the transportation...