Strong Financial Performance in Q1 2025
EBITDA reached €1.4 billion, a 33% increase compared to the previous year. Net ordinary income was approximately €600 million, doubling last year's figure.
Successful Acquisition and Renewable Expansion
Endesa completed the acquisition of Acciona's hydroelectric assets, adding 34 hydro plants and increasing future hydro output by over 20%. Total renewable capacity is now close to 11 gigawatts.
Robust Cash Generation
FFO reached an outstanding €1.2 billion, significantly higher than the previous year, reflecting strong EBITDA growth and favorable working capital dynamics.
Share Buyback Program Initiated
A share buyback program was announced, with an initial tranche of up to €500 million to be executed in 2025, demonstrating confidence in future growth.
Positive Developments in Gas Margin
Total gas sales increased by 3%, with a sound improvement in gas margin backed by positive previous hedgings.