EVN AG Reports Growth in First Half of 2024/25

EVN AG reported solid business development in the first half of 2024/25, driven by a diversified business model. Colder temperatures increased energy demand, although challenges arose from unfavorable conditions for renewable energy production and lower selling prices. The company reinforced its climate protection ambitions with an externally validated 1.5°C goal.

The period saw revenue growth of 6.6% to EUR 1,731.1m, despite mixed market conditions. Positive effects were recorded across EVN's core markets, supported by enhanced energy supply in Bulgaria and North Macedonia due to colder winters. Meanwhile, renewable generation faced declines, but a notable expansion milestone was achieved with new wind and photovoltaic capacities.

Investments remain focused on network infrastructure, renewable energy, and water services. EVN maintains a solid financial position with confirmed external credit ratings. The company projects a net result of EUR 400 to EUR 440m for the financial year, continuing to prioritize shareholder engagement through dividend policies.