Portugal's EDP 2025 profit rises 44% on renewables

Edp Renewables SA

25/02/2026 18:05

LISBON, Feb 25 (Reuters) - Portugal's largest power utility EDP EDP.LS on Wednesday reported a 44% rise in 2025 net profit, driven by robust earnings from its renewable arm, despite weaker capital gains.

It said consolidated net profit rose to 1.15 billion euros  ($1.36 billion), largely in line with LSEG consensus estimates.

Subsidiary EDP Renovaveis, the world's fourth-largest wind energy producer, on Wednesday reported a net profit of 216 million euros, reversing a 556 million euro net loss in 2024.

EDP said it booked just 64 million euros in capital gains from the sale of wind and solar parks last year - part of an ongoing strategy of divesting stakes in mature plants to fund new projects - down from 181 million euros in 2024.

($1 = 0.8470 euros)

 (Reporting by Sergio Goncalves; Editing by Emma Pinedo)

 ((sergio.goncalves@thomsonreuters.com; +351213509204; Reuters Messaging: sergio.goncalves.reuters.com@reuters.net))