BAKU, Azerbaijan, July 22. Spanish gas grid operator Enagas reported a recurrent net profit of 129.8 million euros in the first half of 2025, rising to 176.0 million euros when including capital gains from the sale of Soto la Marina (5.1 million euros) and a fair value update of its stake in GSP (41.2 million euros), Trend reports via the company.
The company said its net profit after tax is progressing in line with plans to achieve its full-year recurrent target of 265 million euros.
Enagas’ EBITDA for January-June amounted to 329.3 million euros, also on track to reach the annual target of 670 million euros.
Funds from operations (FFO) as of June 30 stood at 293.8 million euros, which includes 91.2 million euros of dividends from affiliates, the company said.
At the General Shareholders' Meeting held on March 27th 2025, the payment of a gross dividend of 1 gross euros per share for the 2024 financial year was approved. This represents the payment of a complementory dividend of 0.60 gross euros per share for the 2024 financial year, which was paid on July 3rd.
