- EDP SA’s net income for the second quarter was €281 million, marking a decrease of 31% compared to the previous year and falling short of the estimated €298.7 million.
- The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the second quarter decreased by 14% year-on-year to €1.16 billion, while EBIT (Earnings Before Interest and Taxes) fell by 27% to €670 million.
- In the first half of the year, EDP’s net income was €709 million, down 7% year-on-year, and EBITDA was €2.58 billion, a decrease of 4%.
- Net debt for the first half stood at €17.2 billion, and EBIT decreased by 12% to €1.62 billion.
- For 2025, EDP projects recurring EBITDA between €4.8 billion and €4.9 billion, with recurring net income expected to be around €1.2 billion to €1.3 billion.
- The company maintains its guidance for 2025 net debt at approximately €16 billion.
- Despite a lack of asset rotation gains in the first half of 2025 compared to €184 million in 2024, EDP reports a 27% year-on-year increase in underlying net income driven by growth in renewables capacity, increased electricity generation, and strong performance in electricity networks in Portugal, Spain, and Brazil.
- EDP highlights the need to revise return rates during regulatory reviews in Portugal and Spain to align with the European average.
- EDP plans to host a capital markets day on November 6.
- The company currently has 18 buy recommendations, 7 holds, and no sell recommendations from analysts.
A look at EDP – Energias de Portugal SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, EDP – Energias de Portugal SA is positioned to have a positive long-term outlook. With strong scores across various factors such as Value, Dividend, Growth, and Momentum, the company demonstrates favorable performance in key areas. EDP’s commitment to value creation, dividend payouts, growth potential, and market momentum paints a promising picture for its future prospects.
EDP – Energias de Portugal SA, a leading energy company, engages in generating, supplying, and distributing electricity in Portugal and Spain. The company also has a presence in Brazil, focusing on electricity distribution and generation, as well as wind power projects across Spain, Portugal, France, and Belgium. With a diversified portfolio and solid scores across different metrics, EDP appears well-positioned to navigate the evolving energy landscape and drive sustainable growth in the coming years.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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