Terna

Terna reports Q1 2026 revenue up 10% to €989m, while EBITDA rose only 7% to €698m and net profit remained nearly unchanged at €277m. Operating costs increased 17%, the tax rate rose to 31.1%, weighing on margins; the EBITDA margin fell from 72.3% to 70.6%. Investments declined 9% to €511m, net debt decreased to €12.17bn, and the company increased sustainable financing (green hybrid bond, ESG loan). Terna highlights further growth in regulated and unregulated activities and the integration of renewable capacity, but must control cost growth to restore profitability. » Más en de.investing.com

Terna reports for fiscal year 2025 revenue of €4,033m (+10%), EBITDA of €2,751m (+7%) and net income attributable to shareholders of €1,111m. The company invested a record €3,515m (+31%) in grid expansion and integration of renewable energy and integrated 7.2 GW of new capacity. Net debt rose to €13,000m, while Terna expanded its sustainability and storage initiatives and expects further growth in 2026 with €4.2bn capex and a dividend proposal of €0.3962 per share. Despite the strong figures, the stock fell after the results and investors are cautious due to higher debt and execution risks. » Más en de.investing.com

Terna increased its revenue by 8% to 1.894 billion euros and its net profit by 8% to 588 million euros in the second quarter of 2025. The company issued its first European green bond and confirmed its full-year outlook. Despite the positive results, the share price remained stable, while Terna continues to focus on innovation and the expansion of renewable energy. » Más en de.investing.com