EVN AG Reports Financial Results for 2024/25

EVN AG announced a 7.4% decline in Group net result to EUR 436.7 million for the 2024/25 financial year. This decrease was attributed to less favorable wind and water flows and a normalization of earnings in Austrian supply. Despite this, EVN increased its renewable generation capacity to 980 MW, primarily through wind and solar expansions. Significant investments exceeding EUR 900 million were made in the energy sector, marking a first for the company.

Revenue rose by 3.8% to EUR 3,000.0 million, driven by positive effects from supply companies in Bulgaria and North Macedonia. However, increased energy purchase costs led to substantial financial declines. A strategy update focused on sustainable growth, including investments in large-scale battery storage and e-charging infrastructure.