Public Power Corp Greece (PUPOF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. I am the IE, your chorus call operator. Welcome and thank you for joining the Public Power Corporation conference call to present and discuss the full year 2025 financial results. At this time, I would like to turn the conference over to Mr. George Stachys, Chairman and CEO, Mr. Costantinos Alexandridis, CFO, and Mr. Ioannis Stefos, Chief and Bachelor Relations Officer. Mr. Stefos, you may now proceed. Hello everyone and thank you for joining today's conference call for PPC's full year 2025 results. We will begin with an overview of the group's results from our chairman and CEO, Giorgio Stasis, followed by a review of the financial performance for the period by our group CFO, Konstantinos Alexandridis. After the conclusion of the presentation, we will open the floor for your questions during the Q&A session. The IR team will be available after the call for any follow-up discussions. With that, I will now turn the call over to Georgios. Georgios, please go ahead. Hello, everyone, and thank you for joining us for today's earnings call. PPC had a strong performance for another year, in line with the strategic target set in the business plan, with adjusted EBITDA increasing to 2 billion and net income at 0.45 billion, demonstrating the extent of the transformation and the growth that has been achieved during the last years. This significant growth in profitability has allowed us to keep increasing dividend distribution in line with our plan, which provides for further improvement of shareholders' remuneration with a gradual increase of dividend to 1.2 euros per share in 2028. Investments stood at 2.8 billion euros with a majority allocated to renewables, flexible generation, and distribution projects, supporting a further ...