AB Amber Grid (AMG1L) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended 30 June 2025 was €34,983k, nearly unchanged year-over-year, reflecting stable gas demand.

• Net profit for the period was €2,752k, down from €3,447k in the prior year, with basic and diluted EPS at €0.02.

• Adjusted EBITDA rose to €15,405k from €11,108k, driven by positive regulatory adjustments.

• Significant capital investments of €2,595k were made, mainly in property, plant, and equipment.

Financial highlights

• EBITDA for the six months was €11,038k, down from €11,952k year-over-year.

• Operating profit (EBIT) was €3,608k, compared to €4,760k in the previous year.

• Total assets stood at €315,909k as of 30 June 2025, down from €327,196k at year-end 2024.

• Net cash from operating activities was €9,215k, while net cash used in investing activities was €29,554k.

• Dividends of €10,685k were paid during the period.

Outlook and guidance

• Management expects continued stable demand for gas transmission services.

• Regulatory adjustments are anticipated to continue impacting adjusted EBITDA.