EVN AG Reports Stable Q1 2025/26 Despite Weather Constraints

EVN AG's first quarter of 2025/26 financial results reflect a stable business environment, though impacted by weather conditions and market dynamics. Despite colder weather, renewable generation fell short, with lower wind and water flow coefficients. This, alongside competitive pressures and increased customer photovoltaic use, led to a decrease in price- and volume-related earnings.

Revenue increased by 3.3% to EUR 830.7m due to regulatory price effects, yet EBITDA and EBIT saw declines of 2.2% and 7.8% respectively. Network and South East Europe segments buffered results with investment-driven growth. The Group net result surpassed the previous year by 9.8%, reaching EUR 126.9m.

EVN continues its ambitious EUR 1 billion annual investment strategy, focusing on renewable energy, battery storage, and infrastructure improvements in Lower Austria. As part of this strategy, EVN expanded renewable capacities and moved forward with key projects, reinforcing its commitment to sustainable energy solutions.