Overview

• Net profit rose 30.1% year-on-year to €1.041 billion in the first half as revenues grew 4.5% to €10.880 billion and EBITDA climbed 12.3% to €2.711 billion.
• Free cash flow doubled to €2.4 billion supporting organic investments and dividends while net financial debt increased 6.5% to €9.901 billion.
• Endesa reconfirmed its 2025 guidance for ordinary net profit of €1.9–2.0 billion and EBITDA of €5.4–5.6 billion alongside continued grid and renewable spending.
• CEO José Bogas asserted full compliance with System Operator directives and said internal probes found no Endesa assets at fault for the April 28 blackout.
• Despite receiving some customer claims over the outage, the company booked no provisions for indemnities and maintains no liability.