- Helleniq Energy’s adjusted net income for the second quarter of 2025 was €72 million, slightly down by 1.4% year-over-year, but exceeded the analysts’ estimate of €67.5 million.
- The company reported a net loss of €30 million for the same period, compared to a net profit of €30 million in the previous year.
- Adjusted EBITDA stood at €221 million, a 4.7% decrease year-over-year, yet significantly above the estimated €155 million.
- Refining sales volumes dropped by 12% year-over-year, totaling 3.53 billion metric tonnes.
- Total EBITDA for the second quarter was €112 million, a 38% decline compared to the previous year.
- Revenue fell by 26% year-over-year to €2.43 billion, missing the estimated €2.56 billion.
- For the first half of 2025, adjusted net income was €128 million, down by 46% year-over-year.
- First half adjusted EBITDA was reported at €401 million, marking a 30% decline year-over-year.
- The company recorded a net loss of €19 million in the first half, a notable drop from the €209 million profit in the same period the previous year.
- EBITDA for the first half of the year was €235 million, a steep 56% year-over-year decrease.
- The CEO highlighted the successful completion of scheduled maintenance at the Elefsina refinery in the second quarter, which is expected to boost the company’s performance in the third quarter.
- With the Elefsina refinery back in operation, the CEO anticipates stronger financial results in the upcoming periods.
- The acquisition of ELPEDISON in July 2025 represents Helleniq Energy’s entry into the electricity and natural gas sector as an autonomous entity.
A look at HELLENiQ ENERGY Holdings S.A. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
HELLENiQ ENERGY Holdings S.A., a company involved in exploring, developing, and marketing petroleum products, has received commendable Smart Scores. With strong scores in Value and Dividend factors, indicating good financial health and payout to shareholders, the company seems well-positioned for long-term stability.
However, with lower scores in Growth and Resilience, showing room for improvement in terms of expansion and ability to withstand economic challenges, investors may need to monitor closely. With a moderate Momentum score, suggesting moderate market performance, HELLENiQ ENERGY Holdings S.A. presents a promising outlook overall, but with potential areas for development.
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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