Evn Ag · VIE:EVN
Evn — Q1 2024/25 Earnings Presentation
13 slides from Evn's earnings presentation, Feb 26, 2025
Slide 1: EVN conference call Q.1 2024/25 results
EVN conference call Q.1 2024/25 results 26 February 2025
Slide 2: Highlights Q. 1 2024/25
Highlights Q. 1 2024/25 Substantial progress in expansion of renewable generation and confirmation of 2030 targets − 500 MW wind capacity (as of year-end 2024) 770 MW (until 2030) − >100 MWp photovoltaics capacity (in Q. 1 2025) 300 MW (until 2030) Annual investments of ~EUR 900m p.a. until
Slide 3: Key financials Q. 1 2024/25
Key financials Q. 1 2024/25 Q. 1 2024/25 +/– • Restatement of previous year’s Q. 1 figures EURm % − IFRS 5 disclosure of the available-for-sale parts of the international project Revenue 804.1 -1.3 EBITDA 253.1 -6.0 business to be sold to STRABAG EBIT 166.2 -11.4 • Decline in revenue Group net resul
Slide 4: Solid balance sheet structure
Solid balance sheet structure Strong balance sheet is the basis for EVN’s ambitious investment programme Net debt increased compared to 30.09.2024 in view of higher investments EVN’s goal is to maintain solid A category ratings Conference call Q. 1 2024/25 results 4
Slide 5: Energy
Energy Sales volumes to Q.1 2024/25 +/– • Increase in sales volumes for natural gas and heat, end customers GWh % decline in electricity 1) Electricity 1.624 -11.6 Natural gas 1) 1.167 2.2 − Colder temperatures y-o-y and ongoing expansion in the heat network Heat 653 6.3 − Demanding framework condit
Slide 6: Renewable generation
Renewable generation Q.1 2024/25 +/– • Electricity generation above previous year Electricity generation volumes GWh % Total 661 5.0 − Y-o-y increase in renewable energy generation driven by higher Renewable energy sources 587 4.4 water flows combined with capacity expansion Thermal energy sources 7
Slide 7: Networks
Networks Network distribution Q.1 2024/25 +/– • Increase in electricity and natural gas network volumes GWh % sales volumes Electricity 2.204 6.8 1) 4.273 16.4 − Colder temperatures y-o-y Natural gas − Increased use of Theiss power plant for network stabilisation Q.1 2024/25 +/– • Increase in revenu
Slide 8: South East Europe
South East Europe Key energy business Q. 1 2024/25 +/– • Higher network distribution and energy sales indicators GWh % volumes Electricity generation volumes 112 6.5 − Low temperatures in Bulgaria Network distribution volumes 3,883 10.0 Electricity sales volumes 3,009 10.2 − Volume growth in sales t
Slide 9: Environment
Environment Q.1 2024/25 +/– • IFRS 5 disclosure Financial performance EURm % Revenue 11.9 -18.3 − Available-for-sale parts of the international project business to be EBITDA 0.2 - sold to STRABAG EBIT -2.1 89.4 Financial results -9.9 -97.6 • Remaining activities excluded from sale and Result before
Slide 10: Cash flows
Cash flows Q. 1 2024/25 +/– • Lower CF from operating activities EURm in % − Correction of non-cash earnings components Gross cash flow 165.2 -23.8 Net cash flow from operating activities -32.1 - − Increase in trade receivables was contrasted by lower working Net cash flow from investing activities
Slide 11: Outlook for 2024/25 financial year confirmed
Outlook for 2024/25 financial year confirmed Group net result for 2024/25 is expected to be within a range of EUR 400m to EUR 440m based on the development of the operating business − Under the assumption of a stable regulatory and energy policy environment EVN’s dividend policy reflects investm
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 − Gerald Reidinger • Headquarters of EVN AG − EVN Platz 2344 Maria Enzersdorf • IR contact details − E-ma
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