Erg, rising Ebitda however declining web revenue | EUROtoday

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The Erg group closed 2025 with an Ebitda of 540 million euros, “increasing compared to 2024 albeit in the low part of the guidance range”. Net revenue, nonetheless, fell by 11%, to 155 million in comparison with 175 million in 2024: it was affected by “higher depreciation and financial charges”. Furthermore, «in 2025, adjusted revenues amounted to 752 million, a rise in comparison with 2024 (738 million), because of the full contribution of the brand new capability progressively put in between 2024 and 2025, largely offset by wind ranges considerably decrease than historic averages in Europe and by a lowering worth situation ranging from the second half of 2025».

For 2026 Erg estimates «a gross working margin within the vary between 520 and 590 million. The investments are in a spread between 330 and 380 million (235 million in 2025) and primarily embrace the current acquisition within the UK and the development of the parks anticipated to be operational between 2026 and 2027 for 45 megawatts and 77 megawatts of latest capability respectively”.

«We are closing 2025 – says CEO Paolo Merli – with a slightly growing gross operating margin compared to 2024 despite exceptionally low wind levels, thanks to the contribution of the new capacity installed in Italy and abroad. The board of directors approved the strategic guidelines on which we will work during 2026, to better define the next five-year industrial plan, which we hope to present between the end of this year and the beginning of 2027, while waiting for the market and regulatory scenario to be better defined. For 2026 we have clear priorities: the construction of approximately 230 megawatts and the development of another 700 megawatts, equally divided into wind repowering and storage systems projects.”