Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. as of and for the Three and Nine Months Ended September 30, 2025

Core Viewpoint - Ellomay Capital Ltd. reported the financial results of Dorad Energy Ltd. for the three and nine months ended September 30, 2025, highlighting its indirect ownership and the seasonal nature of electricity demand affecting revenues [1][3][4]. Financial Performance - Dorad's revenues for the three months ended September 30, 2025, were approximately NIS 919.1 million, with an operating profit of approximately NIS 205.8 million [8][16]. - For the nine months ended September 30, 2025, Dorad's total revenues were approximately NIS 2,096.4 million, a decrease from NIS 2,366.4 million in the same period of 2024 [16]. - The operating profit for the nine months ended September 30, 2025, was approximately NIS 339.6 million, compared to NIS 458.0 million in the same period of 2024 [16]. Seasonal Demand Impact - The demand for electricity is seasonal, with higher consumption during winter and summer months, which affects Dorad's revenues and operating results [4]. - The results for the quarter ended September 30, 2025, are not indicative of full-year performance due to the seasonal nature of electricity consumption and varying tariffs [4]. Ownership Structure - Ellomay Capital Ltd. holds an indirect interest of approximately 16.9% in Dorad Energy Ltd. through its 50% ownership of Ellomay Luzon Energy Infrastructures Ltd., which holds 33.75% of Dorad [1][2]. Financial Reporting - The financial statements of Dorad were prepared in accordance with International Financial Reporting Standards and will be included in Ellomay's financial results for the period [3][5]. - A convenience translation of Dorad's financial results was provided to facilitate access for Ellomay's shareholders [3].