)

Enefit Green (EGR1T) investor relations material
Enefit Green Q1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Electricity production rose 25% year-over-year, mainly from new wind and solar assets, but heat production fell 19% due to asset sales.
Operating income was €66.9m (-3%), EBITDA €31.0m (-27%), and net profit €21.7m (-35%) compared to Q1 2024.
Lower captured electricity prices, deeper wind discounts, and increased costs pressured margins despite higher production.
Major events included a voluntary takeover offer, delisting process, and a partnership with Sumitomo Corporation for offshore wind.
Management proposed no dividend for 2024, prioritizing reinvestment in growth projects.
Financial highlights
Revenue rose to €62.4m (+11%), but renewable energy support and other operating income fell sharply.
Operating profit dropped to €21.0m (from €33.3m), with basic EPS at €0.082 (down from €0.13).
EBITDA margin contracted as operating expenses (excl. D&A) rose 35% year-over-year.
Investments totaled €37.7m in Q1 2025, down 64% year-over-year.
Net profit margin remains above industry average, while EBITDA is in line with peers.
Outlook and guidance
Leverage expected to stabilize as new assets ramp up and capital expenditure moderates.
Focus remains on high-return wind and hybrid projects in the Baltics and Poland, with 132 MW under construction.
No new PPAs signed in 2025; existing PPAs and indexed CfDs provide partial price protection and revenue stability.
New assets, including Gelme One and Latvian PV Park, expected to positively impact future quarters.
Management board proposes no dividend payout for 2024, prioritizing reinvestment in growth projects.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage