Strong Financial Performance
Naturgy reported an EBITDA of close to EUR 2.9 billion and a net income of EUR 1.1 billion for the first half of 2025, showing resilience and strong performance amid macro uncertainty.
Dividend Increase
Naturgy announced a dividend of EUR 0.60 per share, higher than consensus assumptions, with a total dividend payout of EUR 576 million.
Energy Management Growth
EBITDA from Energy Management reached EUR 524 million, a 36% increase from 2024, driven by higher margins on hedge sales.
Renewable Generation Expansion
Naturgy completed construction of its second solar plant in Texas with 261 megawatts capacity, contributing to higher results in renewable generation.
Strong Cash Flow and Investment
Free cash flow after minorities reached almost EUR 1.3 billion, and Naturgy invested more than EUR 3 billion overall in the first half of 2025.