Evn Ag · VIE:EVN
Evn — HY 1 2024/25 Earnings Presentation
13 slides from Evn's earnings presentation, May 26, 2025
Slide 1: EVN conference call HY. 1 2024/25 results
EVN conference call HY. 1 2024/25 results 26 May 2025
Slide 2: Highlights HY. 1 2024/25
Highlights HY. 1 2024/25 Solid business development in HY. 1 2024/25 due to diversified business model − Earnings stabilised by temperature-related increase in energy demand − Decrease in electricity production from renewables despite the continue expansion of our wind and photovoltaic parks Sub
Slide 3: Key financials HY. 1 2024/25
Key financials HY. 1 2024/25 HY. 1 2024/25 +/– • Restatement of previous year’s HY. 1 figures EURm % Revenue 1,731.1 6.6 − IFRS 5 disclosure of the available-for-sale parts of the international project EBITDA 512.8 20.1 business to be sold to STRABAG EBIT 335.4 27.7 • Increase in revenue Group net r
Slide 4: Solid balance sheet structure
Solid balance sheet structure Strong balance sheet is the basis for EVN’s ambitious investment programme Recently reconfirmed ratings from Moody´s (A1, stable) and Scope (A+, stable) EVN’s goal is to maintain solid A category ratings Conference call HY. 1 2024/25 results 4
Slide 5: Energy
Energy Sales volumes to HY. 1 2024/25 +/– • Increase in sales volumes of natural gas and heat, end customers GWh % decline in electricity 1) Electricity 3,197 -7.5 Natural gas 1) 2,585 7.1 − Colder temperatures y-o-y and ongoing expansion in the heat network Heat 1,413 9.3 − Decline in electricity s
Slide 6: Renewable generation
Renewable generation HY. 1 2024/25 +/– • Electricity generation below previous year Electricity generation volumes GWh % Total 1,271 -9.8 − Y-o-y decrease in renewable energy generation driven by lower Renewable energy sources 1,072 -16.3 water flows and wind production Thermal energy sources 199 54
Slide 7: Networks
Networks Network distribution HY. 1 2024/25 +/– • Increase in electricity and natural gas network volumes GWh % sales volumes Electricity 4,417 6.5 − Colder temperatures y-o-y 1) Natural gas 8,676 14.8 − Higher use of heat pumps and e-mobility − Increased use of Theiss power plant for network stabil
Slide 8: South East Europe
South East Europe Key energy business HY. 1 2024/25 +/– • Higher network distribution and energy sales indicators GWh % volumes Electricity generation volumes 244 4.3 Network distribution volumes 8,340 9.5 − Low temperatures in Bulgaria Electricity sales volumes 6,556 9.5 − Competition-related decli
Slide 9: Environment
Environment HY. 1 2024/25 +/– • IFRS 5 disclosure Financial performance EURm % − Available-for-sale parts of the international project business to be Revenue 22.8 -19.6 sold to STRABAG – negotiations are progressing EBITDA 2.9 - EBIT -1.8 91.2 • Remaining activities excluded from sale and Financial
Slide 10: Cash flows
Cash flows HY. 1 2024/25 +/– • Lower CF from operating activities EURm in % Gross cash flow 478.4 -7.7 − Increase in trade receivables was contrasted by lower working Net cash flow from operating activities 232.0 -44.1 capital needs of EVN KG Net cash flow from investing activities -217.2 - • Lower
Slide 11: Segment outlook for 2024/25 confirmed: Group net result EUR 400m to EUR 440m
Segment outlook for 2024/25 confirmed: Group net result is expected in the range from EUR 400m to EUR 440m 0utlook Segments Comments 2024/25 Segment outlook adjusted: – The normalisation of earnings EVN KG is confirmed Energy – However, the reversal of prior-year accruals of EVN KG in Q2 might cau
Slide 12: Contact details
Contact details • Alexandra Wittmann, CFO • Information on the internet − www.evn.at • IR contact partners: − www.investor.evn.at − Karin Krammer − www.responsibility.evn.at − Matthias Neumüller − LinkedIn: #EVNxIR − Gerald Reidinger − Sarah Kallina • Headquarters of EVN AG − EVN Platz 2344 Maria En
Slide 13: Disclaimer
Disclaimer Certain statements made in this presentation may constitute „Forward-Looking Statements” within the meaning of the U.S. federal securities law. Forward-looking information is subject to various known and unknown risks and uncertainties. These include statements concerning our expectations