Endesa, S.A. Q2 2025 Earnings Recap

Endesa reported robust first-half 2025 results, with EBITDA rising 12% and net income increasing by 30%, underscoring strong cash generation and strategic investment despite challenges in the energy market.

Key Takeaways

• EBITDA grew 12% year-over-year to €2.7 billion, with net income reaching €1 billion.
• Cash generation doubled compared to the previous year, enhancing shareholder value through a share buyback program with 40% execution.
• Endesa added 0.7 GW of renewable capacity, achieving 79% emission-free generation in its mainland mix.
• Energy market volatility resulted in significant price increases, though demand has shown a strong recovery trend, with mainland electricity demand up 2.7% year-on-year.
• Ongoing investments total over €900 million aimed at strengthening the company’s core operations and supporting Spain's energy transition goals.