)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Naturgy Energy Group (NTGY) investor relations material
Naturgy Energy Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary29 Oct, 2025
Executive summary
Achieved robust operational performance in the first nine months of 2025, maintaining resilience amid geopolitical and market volatility, with results on track to meet 2025 guidance.
Free float increased from 10% to 18.7%, significantly improving share liquidity and enabling MSCI index inclusion.
Strong balance sheet and flexibility supported by solid cash flow and low leverage, with free cash flow after minorities nearly doubling to €2,151m.
Dividend policy revised upward, targeting a minimum DPS of €1.70 in 2025, €1.80 in 2026, and €1.90 in 2027, subject to credit rating.
Renewables capacity expanded to 7.8GW, with 1.5GW under construction and significant progress in decarbonization initiatives.
Financial highlights
EBITDA for 9M25 was €4,214m, nearly flat year-over-year, with net income up 5.6% to €1,668m.
Net sales increased 4.8% to €14,586m, supported by higher energy prices.
Free cash flow after minorities was €2,151m, more than doubling year-over-year.
Net debt stood at €12,913m, with a net debt/EBITDA ratio of 2.4x.
Dividend payments totaled €1.1bn YTD, with a second interim dividend of €0.60 per share approved.
Outlook and guidance
Reaffirmed 2025 guidance: EBITDA above €5,300m, net income above €2,000m, and DPS of at least €1.70/share.
Net debt outlook improved to approximately €13,000m by year-end 2025.
Net debt to EBITDA ratio projected at 2.3x by year-end 2025.
Strategic focus remains on regulatory engagement, operational excellence, and selective growth in renewables and biomethane.
Short-term priorities include regulatory management, selective renewable growth, and proactive risk management in energy procurement.
How does the share repurchase impact strategic plan funding?
How will CCGTs balance renewables growth in Spain?
Strategy for post-2027 EU gas procurement?
How will balance sheet flexibility be deployed?
How does new Spain electricity regulation impact efficiency/investment?
What is needed to accelerate biomethane CapEx deployment?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Naturgy Energy Group earnings date
H2 202519 Feb, 2026
Next Naturgy Energy Group earnings date
H2 202519 Feb, 2026
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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Naturgy Energy Group S.A. operates in the generation, distribution, and commercialization of electricity and natural gas. The company serves residential, commercial, and industrial customers in Spain and international markets. It is headquartered in Barcelona, Spain, and its shares are listed on the BME.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage