Significant Net Profit Increase
Net profit for Q1 2025 reached €2,004 million, marking a 26% increase year-on-year, excluding capital gains from last year's divestment of thermal generation.
Record Investments
Investments hit a new record of €2,720 million in Q1, up 14% year-on-year, with significant contributions from the U.S. and U.K. markets.
Strong Performance in Networks Business
EBITDA in the Networks segment increased by 43% to €2,415 million, driven by better performance in the U.K. and U.S.
Positive Cash Flow Growth
Cash flow increased by 11% to €3,502 million compared to Q1 2024, supporting the company's financial metrics and ratings.
Expansion in Regulated Asset Base
The regulatory asset base in the U.K. has doubled in five years, reaching €15.5 billion, and is expected to exceed €51 billion by year-end.