AB Amber Grid (AMG1L) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was EUR 20.8m, up 1% year-over-year, with net profit at EUR 4.2m, a 7% increase.

• EBITDA reached EUR 8.9m, slightly down from EUR 9.0m in Q1 2024; adjusted EBITDA was EUR 8.3m.

• Transmission volumes decreased to 14.9 TWh from 15.7 TWh year-over-year.

• Net debt decreased to EUR 76.1m from EUR 84.3m year-over-year.

• No changes in operating segments; natural gas transmission remains the sole segment.

Financial highlights

• Revenue: EUR 20.8m (+1% year-over-year); net profit: EUR 4.2m (+7%).

• EBITDA: EUR 8.9m (Q1 2024: EUR 9.0m); EBIT: EUR 5.2m (Q1 2024: EUR 5.0m).

• EPS: EUR 0.02, unchanged year-over-year.

• Operating cash flow: EUR 8.3m (Q1 2024: EUR 16.9m).

• Net debt: EUR 76.1m (Q1 2024: EUR 84.3m).

Outlook and guidance

• No explicit forward-looking guidance provided.

• Dividend of EUR 10.7m (EUR 0.0599/share) approved for payment after Q1 2025.

• Regulatory and legal proceedings may impact future results.