The company's EBITDA surged by 14.6%, or RON 58.5 million (€11.7 million), reaching RON 459.3 million (€92.3 million) in Q1 2025, up from RON 400.8 million (€80.5 million) in Q1 2024.
This strong performance was primarily driven by the distribution segment, which saw a 14.8% increase in electricity distribution revenues, adding approximately RON 167.6 million (€33.6 million) to reach RON 1.3 billion (€260.8 million).
Net profit also saw a substantial rise of 53.2%, increasing by RON 68.0 million (€13.6 million) to RON 195.7 million (€39.3 million) in Q1 2025.
Alexandru Chiriță, CEO of Electrica, said: "The first quarter 2025 results confirm the resilience of our business model and Electrica Group's ability to perform in a complex economic and operational context. The solid growth in EBITDA and net profit is primarily supported by the contribution of the distribution segment, as well as the balanced evolution across all our business lines."
"In parallel, we are accelerating investments in infrastructure and renewable energy projects, with the clear objective of consolidating our position as a key player in Romania's energy transition,” he added.
The distribution segment's revenues increased due to a 4.8% rise in distributed electricity volume and a tariff increase of approximately 12.5% starting January 1, 2025.
Electrica also reported significant progress in its renewable energy projects, with the Vulturu project (12 MWp) now connected to the National Energy System and the Satu Mare 2 project (27 MWp) entering its final execution phase.