Elena Distaso
Phone number: +39 02 62228522
Mobile phone number: +39 338 2500609
Email: elena.distaso@edison.it
Edison’s first quarter: revenues at 5.5 billion, EBITDA at 360 million and profit at 139 million euros
Solid results, in line with expectations, declining from q12024 due to less favourable market conditions and lower availability of water resources.
Investments in the period for approximately 150 million euros – an increase of around 80% compared to the first quarter of 2024 – targeted especially toward the development of renewables in Italy: construction works for about 500 MW new capacity are ongoing.
Milan, May 7, 2025 – Edison’s Board of Directors met yesterday to examine the Quarterly Report as at March 31, 2025, which closed with revenues going up (5,540 million euros from 4,066 million euros in the first quarter of 2024) as a result of increased commodity prices, with the average electricity price rising by 50% and the gas price by 66% compared to the same period last year, and of an increase in energy volumes generated and sold (electricity +26%, gas +23%).
In the first quarter of 2025, in line with expectations, EBITDA fell to 360 million euros from 595 million euros in the same period of the previous year, mostly as a result of fewer gas portfolio optimisation opportunities, of hydroelectric power generation going back to historical averages after an exceptional 2024 and of reduced margins on Edison Energia’s downstream activities, due to the efforts made to expand the commercial portfolio. These impacts were partially offset by greater thermoelectric power generation and by Edison Next’s commercial strategy in particular toward the public administration. During the period, 48% of the EBITDA came from renewable activities and customer services, in line with the target of gradually reaching 70%.
The financial position as at March 31, 2025 showed a credit of 159 million euros, against a debt of 313 million euros at December 31, 2024, mainly as a result of the disposal of Edison Stoccaggio (565 million euros cashed in), which freed up resources to be allocated to the Strategic Plan which aims at a total investment of 10 billion euros between 2023 and 2030.
In the first quarter of 2025, in line with expectations, EBITDA fell to 360 million euros from 595 million euros in the same period of the previous year, mostly as a result of fewer gas portfolio optimisation opportunities, of hydroelectric power generation going back to historical averages after an exceptional 2024 and of reduced margins on Edison Energia’s downstream activities, due to the efforts made to expand the commercial portfolio. These impacts were partially offset by greater thermoelectric power generation and by Edison Next’s commercial strategy in particular toward the public administration. During the period, 48% of the EBITDA came from renewable activities and customer services, in line with the target of gradually reaching 70%.
The financial position as at March 31, 2025 showed a credit of 159 million euros, against a debt of 313 million euros at December 31, 2024, mainly as a result of the disposal of Edison Stoccaggio (565 million euros cashed in), which freed up resources to be allocated to the Strategic Plan which aims at a total investment of 10 billion euros between 2023 and 2030.
HIGHLIGHTS GRUPPO EDISON
| milion euros | 3 months 2025 | 3 months 2024 |
|---|---|---|
| Sales revenues | 5.540 | 4.066 |
| EBITDA | 360 | 595 |
| EBIT | 203 | 494 |
| Net profit from Continuing Operations | 126 | 334 |
| Net profit of the Group | 139 | 322 |
To read the full text of the press release, download the attached pdf.
Material information pursuant to Consob resolution no. 11971 of May 14, 1999, as amended.
Material information pursuant to Consob resolution no. 11971 of May 14, 1999, as amended.
Press Office Contacts
Lorenzo Matucci
Phone number: +39 02 62227806
Mobile phone number: +39 337 1500332
Email: lorenzo.matucci@edison.it
Davide Calvi
Phone number: +39 02 62227834
Mobile phone number: +39 337 1108265
Email: davide.calvi@edison.it
Marta Mazzacano
Phone number: +39 02 62227049
Mobile phone number: +39 335 7749819
Email: marta.mazzacano1@edison.it