ENCE Energía y Celulosa, S.A. reported earnings results for the third quarter and nine months ended September 30, 2025. For the third quarter, the company reported sales was EUR 181.3 million compared to EUR 220.6 million a year ago. Revenue was EUR 180.9 million compared to EUR 219.6 million a year ago. Net loss was EUR 15.1 million compared to net income of EUR 14.3 million a year ago. Basic loss per share from continuing operations was EUR 0.06 compared to basic earnings per share from continuing operations of EUR 0.06 a year ago.
For the nine months, sales was EUR 566.9 million compared to EUR 668.6 million a year ago. Net loss was EUR 22 million compared to net income of EUR 40.8 million a year ago. Basic loss per share from continuing operations was EUR 0.09 compared to basic earnings per share from continuing operations of EUR 0.17 a year ago.
Ence Energia y Celulosa SA, formerly Grupo Empresarial ENCE SA, is a Spain-based company engaged in the operation of pulp mills. The Company's activities are divided into two business units: Pulp and Energy. The Pulp business unit is subdivided into three segments: Pulp, manufacturing pulp and pulp derivatives, such as lignin and biomass, as well as co-generating energy; Forest Management, providing forest crops and wood raw materials, and Forest Services & Other, including residual business activities, as well as forest support services. The Energy business unit focuses on generating energy using forestry and agricultural biomass, as well as, thermos and solar electric energy generation. The Company operates pulp mills and power generation plants in Spain.
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