)
S.N.T.G.N. Transgaz (TGN) investor relations material
S.N.T.G.N. Transgaz Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Interim and consolidated financial statements for the nine months ended 30 September 2025 show strong performance, with gross profit up 37% and net profit up 471% year-over-year, supported by higher domestic and Moldova transmission activity and a substantial inflation adjustment gain.
Major development projects and strategic investments are underway, focusing on expanding transmission capacity, interconnections, and hydrogen infrastructure.
Stock market performance was outstanding, with the share price reaching an all-time high and market capitalization more than doubling since the start of the year.
The group completed the acquisition of a 51% stake in Petrostar SA, resulting in a bargain purchase gain and expanded engineering capabilities.
Financial highlights
Consolidated net profit for 9M 2025 surged by 471% to 681.9 million lei; EBITDA increased by 191% to 885.2 million lei; gross profit up 37% and 388% in different periods.
Turnover increased by 45% year-over-year to 2.08 billion lei; domestic transmission revenue rose to 1.79 billion lei, Moldova segment to 193.1 million lei.
Financial income nearly doubled, mainly due to a 229.7 million lei gain from inflation adjustment of the concession receivable.
Cash generated from operations reached 1.01 billion lei, with cash and cash equivalents at period end of 743.4 million lei.
Revenues from balancing activity up by RON 560 million, with a 137% increase compared to last year.
Outlook and guidance
Financial indicators for 2025-2029 approved, aligned with corporate governance and regulatory requirements; updated 2024-2033 Development Plan and new regulated tariffs effective 1 October 2025.
Strategic focus on major infrastructure projects, including compressor stations, new pipelines, hydrogen corridors, and interconnections.
RON 300 million correction to be staggered over two years (2026-2028), pending regulatory approval; additional RON 60 million efficiency gain correction expected.
Investments for 2025 total EUR 2.54 billion, with ongoing and planned projects detailed in the development plan.
Eurotransgaz’s 2026 budget and estimates for 2027–2028 were approved.
Next S.N.T.G.N. Transgaz earnings date
Next S.N.T.G.N. Transgaz earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)