AB KN Energies unaudited financial information for the 3 months of 2025

Core Insights - AB KN Energies reported its unaudited consolidated and separate financial results for the first quarter of 2025, showing overall growth in revenue and net profit compared to the same period in 2024 [1]. Financial Performance - Group revenue for Q1 2025 was EUR 25.3 million, an increase from EUR 24.4 million in Q1 2024, reflecting a growth of approximately 3.7% [2]. - EBITDA for the Group decreased slightly to EUR 13.6 million in Q1 2025 from EUR 14.1 million in Q1 2024 [2]. - The Group's net profit rose to EUR 4.4 million in Q1 2025, up from EUR 2.6 million in Q1 2024, indicating a significant improvement [2]. - Adjusted net profit for the Group was EUR 4.4 million in Q1 2025, down from EUR 6.0 million in Q1 2024 [2]. Segment Performance - Revenue from liquid energy terminals in Q1 2025 was EUR 7.9 million, an 8% increase from EUR 7.3 million in Q1 2024, driven by higher tank rental income and a rise in handling volumes by approximately 11% [2]. - The regulated LNG business segment generated EUR 15.0 million in revenue for Q1 2025, remaining stable compared to EUR 14.9 million in Q1 2024, with regasification and reloading volumes increasing to 8.7 TWh from 7.0 TWh [3]. - Revenue from commercial LNG activities reached EUR 2.5 million in Q1 2025, up from EUR 2.1 million in Q1 2024, attributed to LNG projects abroad and developments in the Klaipėda LNG value chain [4].