Iren SpA (IRDEY) Q4 2025 Earnings Call Transcript

SA Transcripts159.09K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Iren SpA (IRDEY) Q4 2025 Earnings Call March 23, 2026 10:30 AM EDT Company Participants Carlo Dubini DaccoLuca Fabbro - Chairman and Strategic Director of Finance, Strategies & Delegated AreasGiovanni Gazza Conference Call Participants Javier Suarez Hernandez - Mediobanca - Banca di credito finanziario S.p.A., Research DivisionRoberto Letizia - Equita SIM S.p.A., Research DivisionFrancesco Sala - Banca Akros S.p.A., Research DivisionEmanuele Oggioni - Kepler Cheuvreux, Research DivisionDavide Candela - Intesa Sanpaolo Equity Research Presentation Operator Hello, and welcome to Iren's conference call. [Operator Instructions] I will now hand the floor over to Dubini Dacco, Head of IR, to begin today's call. Please go ahead.

Carlo Dubini Dacco Good afternoon, everybody. Thank you for joining this conference call to present the results as of December 31, 2025 for Iren. The results will be presented by the Executive President, Luca dal Fabbro; and by the CFO, Giovanni Gazza. At the end of the presentation, there will be the usual Q&A session. I will now give the floor to Luca to present the results of the period. Luca FabbroChairman and Strategic Director of Finance, Strategies & Delegated Areas Thank you, Carlo. Good afternoon to all of you, and thank you for joining us today. The Board of Directors meeting today approved results as of December 31, 2025, showing a growth at the EBITDA level of up 6%, exceeded the EUR 1,050 million and 12% at group net profit, reaching about EUR 300 million. The increase of the EBITDA is supported by the organic growth for the investments over the last few years, of the synergy plans and the consolidation of the group EGEA. That contributed to the growth for about EUR 60 million. 22% of EBITDA of the group was by regulated or semi-regulated activities, confirming the strengthening and the strategic positioning of the