Naturgy’s Q3 results align with expectations, reaffirms 2025 guidance By Investing.com
Update: 2025-10-29
Description
Naturgy's Q3 results meet analyst expectations, with EBITDA at €1.37 billion and net income at €521 million. The Renewables segment underperformed due to less wind and hydro power, but Networks and Energy Markets divisions outperformed, boosted by strong ancillary services in Spain's CCGT plants. Naturgy maintains 2025 EBITDA guidance of over €5.3 billion and net income topping €2 billion, aligning with market expectations. The company revises its end-of-2025 net debt forecast down to around €13 billion, reflecting stronger financial position after recent share placements.
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