)
HELLENiQ ENERGY Holdings (ELPE) investor relations material
HELLENiQ ENERGY Holdings Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record refining output and sales, robust marketing performance, and strong margins, supporting a robust third quarter and nine-month results, with progress toward a €1bn FY25 Adjusted EBITDA target and interim DPS of €0.20.
Full consolidation and acquisition of Enerwave (formerly Elpedison) from July 2025, enhancing the Green Utility segment and expanding the group's footprint.
Operating cash flow remained strong, offsetting acquisition and dividend outflows, keeping net debt stable quarter-over-quarter.
Group revenue for the nine months ended 30 September 2025 was €8,478 million, down from €9,744 million year-over-year.
Net profit attributable to owners was €129 million, compared to €12 million in the prior year period.
Financial highlights
3Q25 Adjusted EBITDA reached €365 million, up 100% year-over-year; 9M25 Adjusted EBITDA at €766 million, up 2% year-over-year.
Net debt at €2,457 million, up 39% year-over-year, mainly due to Enerwave acquisition and supply chain disruptions.
Interim dividend of €0.20 per share for 2025, matching last year, with total payout of €61.1 million.
Cash and cash equivalents at period end were €680 million, up from €584 million at the end of the prior period.
Total investments for the nine months exceeded €500 million.
Outlook and guidance
FY25 Adjusted EBITDA guidance reaffirmed at €1bn, supported by resilient refining margins and renewables growth.
Strategic focus on expanding renewables capacity to 1.5 GW by 2028 and operational improvements in Enerwave.
Refineries operating at full capacity; limited room for further production increases.
New business model in Petroleum Trading and reopening of Thessaloniki-Skopje pipeline expected to strengthen market position.
A subsidiary declared a €68 million dividend to the parent, payable in January 2026.
Next HELLENiQ ENERGY Holdings earnings date
Next HELLENiQ ENERGY Holdings earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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