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Societatea Energetica Electrica S A : Financial results – Q1 2026
Societatea Energetica Electrica S A : Financial results – Q1
About this update from Societatea Energetica Electrica S.a.
[{"type":"text","content":"\n PRESS RELEASE 27.05.2026\n \n \n \n Financial results - Q1 2026\n \n \n EBITDA - RON 577.5 mn., an increase of 25.7% or RON 118.3 mn.;\n \n \n Revenues - RON 3,094.1 mn., an increase of 22.8% or RON 574.7 mn.;\n \n \n Net profit - RON 309.6 mn., an increase of 58.2% or RON 114.0 mn.;\n \n \n CAPEX PIF - RON 58.9 mn., a decrease of 29.9% or RON 25.1 mn. compared to the investments realized in Q1 2025.\n \n \n \n In Q1 2026, at the Electrica Group level, EBITDA recorded an increase of 25.7%, respectively by RON 118.3 mn., reaching a value of RON 577.5 mn., compared to the value of RON 459.3 mn. achieved in the first quarter of 2025. The EBITDA growth is generated mainly by the variation of the supply and distribution segments, both experiencing an upward trend in the first three months of 2026 compared to the same period in 2025.\n \n \n Of the two, the variation of the supply segment had the largest weight, recording an EBITDA improvement of +RON 76.0 mn., reaching the value of RON 113.1 mn. from RON 37.1 mn. in the previous period. The increase is due to the improvement of the segment's operational performance, having a revenue growth of RON 557.6 mn., and a decrease in operating expenses of RON 117.1 mn..\n \n \n \n Alexandru Chiriță, CEO Electrica: \"The first quarter of 2026 marked a fundamental shift in the energy market. The return to competitive market mechanisms, following a prolonged period of volatility and intervention, redefined the conditions under which all players in the sector operate. In such an environment, competitive advantage is built on operational discipline and the ability to allocate capital efficiently. Electrica Group's results for this quarter confirm the strength of its core business lines.\n The supply segment went through one of the most challenging periods in recent years. The transition to a competitive framework structurally changed market dynamics, while this quarter's performance shows that we managed the transition in a balanced and controlled manner. In distribution, the investment programme and cost control measures are progressively reflected in operational indicators. The commissioning of the Vulturu\n \n \n and Satu Mare 2 photovoltaic projects strengthens the generation segment and expands the Group's renewable energy portfolio.\n \n \n Looking ahead, Electrica's trajectory will incre...