Naturgy posts earnings beat on higher energy prices

Naturgy Energy

29/04/2026 07:36

MADRID, April 29 (Reuters) - Spanish power company Naturgy NTGY.MC reported on Wednesday a first-quarter net profit of 530 million euros ($620 million), about 5% higher than a year ago, beating the median forecast by analysts polled by LSEG of 525 million euros, on higher power generation and energy prices.

Overall revenues reached 5.10 billion euros, down 6.9%, compared to the median forecast of 4.51 billion euros.

Naturgy has previously said it expects a slight decline in net profit this year to just below 2 billion euros from 2025's 2.02 billion.

($1 = 0.8548 euros)

(Reporting by Madrid Bureau, editing by Andrei Khalip)

((andrei.khalip@thomsonreuters.com; (351) 213-509-209;))