AB Amber Grid Operating Results for 9 months of 2025
Globenewswire·2025-11-07 14:05

Core Insights - AB Amber Grid reported a decline in revenue and net profit for the first nine months of 2025 compared to the same period in 2024, with revenue at EUR 49.5 million and net profit at EUR 1.5 million [1] - Adjusted financial indicators showed an increase in adjusted net profit and adjusted EBITDA, with adjusted net profit at EUR 9.4 million and adjusted EBITDA at EUR 22.8 million for the same period [2] - The average return on equity (ROE) improved to 2.4% for the last 12 months as of September 30, 2025, compared to 1.8% in the previous year, while the adjusted ROE increased to 6.9% from 5.2% [1][2] Financial Performance - Revenue for the first nine months of 2025 was EUR 49.5 million, down from EUR 51.6 million in 2024 [1] - Net profit decreased to EUR 1.5 million from EUR 5.7 million year-on-year [1] - EBITDA for the same period was EUR 14.7 million, a decline from EUR 19.0 million in 2024 [1] Adjusted Financial Indicators - Adjusted net profit for the first nine months of 2025 was EUR 9.4 million, an increase from EUR 7.7 million in 2024 [2] - Adjusted EBITDA rose to EUR 22.8 million from EUR 20.9 million year-on-year [2] - The average ROE for the last 12 months improved to 6.9% as of September 30, 2025, compared to 5.2% in the previous year [2] Regulatory Adjustments - The adjustments in regulated income, costs, and profitability indicators were made due to temporary regulatory differences from the profitability approved by NERC [3] - Adjusted indicators account for corrections in income from previous periods and deviations between NERC approved and actual profitability [3] - Non-recurring transactions were eliminated in the adjusted calculations [3]