By Nina Kienle
Naturgy posted higher net profit for 2025, supported by strong energy demand and higher gas and electricity prices.
The Spanish energy company said Wednesday that net profit climbed to 2.02 billion euros ($2.39 billion) from 1.90 billion euros in the prior year, on revenue that rose 1.0% to 19.46 billion euros.
Earnings before interest, taxes, depreciation and amortization were broadly flat at 5.33 billion euros.
Net debt stood at 12.32 billion euros compared with 12.20 billion euros at the end of 2024.
During the year, gas and electricity prices remained higher on average, driven by geopolitical tensions and macroeconomic uncertainty, the company said
Naturgy said it would propose an increased dividend of 1.77 euros a share from 1.60 euros a share the prior year.
The company is targeting net profit for 2026 of more than 1.90 billion euros and Ebitda of more than 5.30 billion euros, while net debt is expected to come to around 13.50 billion euros.
Write to Nina Kienle at nina.kienle@wsj.com
(END) Dow Jones Newswires
02-18-26 0321ET
