Premier Energy Plc · BVB:PE
Premier Energy — H1 2025 Earnings Presentation
21 slides from Premier Energy's earnings presentation, September 2025
Slide 1: Earnings Call – 1H 2025 Results
Earnings Call – 1H 2025 Results
Slide 2: Disclaimer
Disclaimer This presentation is not, and nothing in it should be construed as, an offer, invitation or recommendation in respect of shares issued by Premier Energy PLC (“PE”), or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy Premier Energy PLC shares or other f
Slide 3: Welcome to PE’s 1H 2025 Earnings Call
Welcome to PE’s 1H 2025 Earnings Call José Garza Peter Stohr Zuzanna Kurek CEO, CFO, Moderator | IRO Premier Energy Group Premier Energy Group Premier Energy Group
Slide 4: Agenda
Premier Energy engineers at the company’s headquarters in Chișinău, Republic of Moldova Agenda Opening remarks Financial highlights Segment overview Q&A session
Slide 5: Opening remarks
Premier Energy’s electricity distribution network in the Republic of Moldova Opening remarks by José Garza
Slide 6: Integrated, diversified business model is right strategy
Integrated, diversified business model is right strategy Distribution of natural gas to users and Premier Energy’s Generation and management of its supply to both household and non- renewable energy assets and the supply household consumers in Romania and vertically of renewable energy to non-househ
Slide 7: 6M 2025 Results Highlights
Strong operational growth driven by strategic acquisitions and expansions, well reflected in turnover for the half 6M 2025 RESULTS HIGHLIGHTS +49% increase in Group normalized revenues, to EUR 797.5 million +236% growth +5% growth +36% growth +21% YoY increase in own YoY in natural gas YoY increase
Slide 8: Financial highlights
Premier Energy’s electricity distribution network in the Republic of Moldova Financial highlights by Peter Stohr
Slide 9: 1H 2025 income statement overview
1H 2025 income statement overview € in mil. 1H 2025 1H 2024 Δ% • Normalized revenue growth of 49% reflects the continued growth of the Group, paired with the effectiveness of the diversified business model Revenue 835.5 512.4 63% • Normalized EBITDA growth of 21% in 1H 2025, Normalized Revenue 797.5
Slide 10: Subsector analysis 1H 2025
Subsector analysis 1H 2025 Electricity Gas & Electr. Gas & Electr. Develop- 1H 2025 (EUR in millions) Production Distribution Supply ments Corporate Total The subsector analysis reveals the strong diversification features of the Group – as the Revenue 37.9 67.1 730.4 0.1 0.0 835.5 business receive
Slide 11: EBITDA Normalization reflects tariff deviation differences in Moldova
Tariff deviation differences in the past few years have been driven by underlying energy market price fluctuations EBITDA Normalization reflects Lower than anticipated energy prices in 2020 and 2023 caused the business to tariff deviation differences in outperform the regulatory-allowed return; the
Slide 12: Intraday prices continued to be volatile in 2Q 2025
Intraday prices continued to be volatile in 2Q 2025; prices in the evening peak were more than 10x more expensive than prices during the mid-day Day ahead price average for 3 months | RON/MWh Q2 2024 Q2 2025 1.000 900 800 700 600 500 +1.162% 400 300 200 100 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1
Slide 13: Balance sheet overview
Total assets: grew by 18% YoY driven by a 23% YoY rise in fixed assets fuelled by strategic investments in new electricity production Balance sheet overview plants over the past year, especially the 80 MW wind plant in Romania and the 28 MW DC of solar plant developments in Moldova, as well as conti
Slide 14: Net debt analysis
Net debt analysis Impact of Gov't Pro Forma Impact of Pro Forma To illustrate the impact of (€ i n mi l l i ons ) Repayments Gov't Natural Gas Gov't Repay. some key working capital items: Jun-25 on Electricity(a) Repayment in Storage & Gas in Storage LT Debt 158.2 158.2 158.2 • Assuming payment on
Slide 15: Segment overview
Premier Energy’s solar park development in Buzău County, Romania Segment overview by Peter Stohr
Slide 16: Renewable segment bolstered by organic and inorganic growth
Renewable segment bolstered by both organic and unorganic growth, though facing challenges from increased intraday price volatility, and lower price caps and wind production Revenues Portfolio of renewables EUR m. Capacity MW1 Renewable production from owned plants 1.509 increased by 236%, driven
Slide 17: Romanian electricity supply segment had solid results in 1H 2025
Romanian electricity supply segment had solid results in 1H 2025 Revenues Customer evolution 1H 2024 results do reflect full 6 months of EUR m. # ths. operations since the division was acquired early in 2Q 2024 1.336 Not part 228 Revenue in 1H 2025 amounted to EUR of the 228 million (25% increas
Slide 18: Natural gas business core continued good performance in 6M 2025
Natural gas business core continued good performance in 6M 2025 Revenues Distribution customers Supply customer evolution EUR m. # ths. # ths. The natural gas division generated a 21% YoY revenue increase driven by higher +21% +5% +6% market prices 205 157 165 142 151 170 The distribution part o
Slide 19: Moldova electricity segment outperformed on a normalized basis
Moldova electricity segment outperformed on a normalized basis Normalized revenues1 Distribution RAB2 Customer evolution Supply volumes increased 6% YoY, driven EUR m. USD m. # ths. by GDP growth +38% +2% +1% In Moldova, the business outperformed on 275 201 205 - 207 846 852 a normalized basis.
Slide 20: Q&A
Premier Energy’s 34.5 MW wind park near Stejaru, Tulcea County, Romania Q&A
Slide 21: Thank you for joining us today!
Thank you for joining us today! • Premier Energy’s consolidated 1H 2025 results are available for download on our website, www.premierenergygroup.eu • The recording of this conference call will be available on our website shortly. • For any questions related to our activity, please do not hesitate t