Electrica Group’s net profit increased fourfold (412.7%) in the first half of the year, to RON 421.4 million, up by RON 319.4 million (+312.9%) compared to the profit of RON 102.1 million in the first semester (H1) of 2024.
In the first six months of 2025, at the Electrica Group level, profit before tax, depreciation and amortization EBITDA registered an increase of 63.1%, respectively of RON 388.1 million, reaching a value of RON 1,002.7 million, compared to the value of RON 614.7 million achieved in the first six months of 2024.
These figures come from the increase by 266.8 RON million on the supply segment – Supply EBITDA reaching RON 58.5 million from -RON 208.3 million (negative) in the previous period, due to the improvement of the segment’s operational performance, with an increase in revenues of RON 364.7 million and other revenues, mainly subsidies, by RON 615.7 million, but also from the advance of the distribution activity by RON 122.5 million – Distribution EBITDA reaching RON 962.3 million in 2025 vs. RON 839.5 million in 2024, on the background of the increase in revenues from electricity distribution by approximately RON 270.6 million.
Operating profit increased by RON 383.6 million, to RON 706.5 million, compared to RON 322.8 million in the first six months of 2024.
“The results of the first half of 2025 confirm the solid growth trajectory of the Electrica Group. We recorded a consolidated net profit four times higher than the same period in 2024, and EBITDA exceeded the historical threshold of RON 1 billion. This performance reflects the efficiency of strategic decisions and the resilience of our integrated business model. Distribution continued to be a pillar of stability, supply recorded a significant recovery, and infrastructure investments accelerated, as planned,” says Alexandru Chiriță, CEO, Electrica.
“With these results comes great responsibility. The complete liberalization of the market and the energy transition force us to be vigilant and continuously adapt. The real test is just beginning: to demonstrate that we can maintain the level of performance in a competitive and dynamic environment.
“The strength of the Electrica Group lies in its people, the over 8,000 professionals who put their expertise and energy at the service of customers and communities every day. I thank them for their professionalism and dedication, as well as the investors for the trust they have placed in us. We will continue to invest in renewable energy, network modernization and operational efficiency, to build sustainable value in the long term”.
In the distribution segment, revenues increased by approximately 270.6 million RON, or 12.1%, to 2,515.0 million RON (of which 1,367.4 million RON revenues with external customers), compared to H1 2024, mainly due to the increase in the volume of electricity distributed by 3% compared to the previous period, corroborated with the increase in tariffs by approx. 12.5%, according to ANRE Order no. 97/2024. The contribution of the electricity distribution segment to the Group’s consolidated revenues is 29.2%.
Regarding the supply segment, revenues increased in H1 2025 by approximately 364.7 million RON, or 12.4%, compared to the same period last year, to 3,302.5 million RON (of which 3,283.3 million RON revenues with external customers of the group), mainly as a net effect of the following four categories: i) the increase in the amount of energy supplied on the retail market by 1%; ii) the increase in the acquisition cost, which determines higher revenue from subsidies; iii) the change given by the new ANRE guide of 29 July 2024 regarding the new calculation of the amounts to be recovered from the capping (subsidies); iv) the amendment introduced by GEO no. 6/2025, which increases the percentage of recognition of imbalances in the electricity sector from 5% to 10% of the acquisition cost. The contribution of the supply segment to the Group’s consolidated revenues is 70.0%.
As of 30 June 2025, the estimated amount for subsidies was 2,622 million RON (31 December 2024: 1,976.7 million RON). Subsequently, between July 1 and August 4, 2025, the amount of 542.6 million RON was collected.
At the same time, the total aggregate capacity of the Electrica Group projects, whether operational or in various stages of development, is 307.5 MW (up to 324.5 MW) in renewable energy production projects (photovoltaic and wind) and 169.5 MWh in 4 energy storage projects;
In the first semester of 2025, DEER made and commissioned investments worth 235.3 million RON, representing 109% of the value of the commissioning program planned for this period and 29% of the annual value planned approved by ANRE for 2025, including recoveries for 2024.
