MILAN (ITALPRESS) – The Board of Directors of Iren approved the consolidated financial statements as at 31 December 2025, which closes with all major economic and financial indicators increasing. Gross operating margin (Ebitda) stood at 1,353 million euros, marking an increase of +6,2% compared to the previous year, while net profit reached 301 million euros (+11.9% . Consolidated revenues rose to 6.574 million euros (+8.8%), driven in particular by the consolidation of the Aegean Group and the growth of energy revenues. The positive performance, we read in the note of the Group, was supported by the organic growth of regulated businesses, the early integration of Egea (which contributed €60 million to Ebitda) and the effectiveness of the synergies plan. Technical investments increased by 12%, reaching €925 million, mainly for water, electricity and environmental networks. Net financial indebtedness amounted to 4.222 million euros (+3%), with a debt/Ebitda ratio improving to 3.1. On the sustainability front, 73% of total investment was intended for sustainable projects. The differentiated collection rose to 70.5% (+1.1% compared to 2024), while the carbon intensity remains stable at 313 gCO2/kWh. The Group also has over 11,900 employees, with around 600 new entries in the year.
In the light of these results, the Board will propose to the shareholders a dividend of 13,86 cents per share, an increase of 8% compared to the previous year. For 2026, Iren forecasts a further increase of the Ebitda of +4% and technical investments for approximately 950 million euros, leveraging on an industrial model focused on regulated and semi-regulated activities, which today generate 74% of the gross operating margin.
– IREN press office photos –
(ITALPRESS).
