REG - Tauron Polska - TAURON Estimated Results for FY 2025 and Q4 2025

Tauron Polska Energia SAAnnouncement

16/03/2026 17:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260316:nRSP8436Wa&default-theme=true

RNS Number : 8436W  Tauron Polska Energia S.A.  16 March 2026

Estimated results for FY 2025 and Q4 2025

16 March 2026

 

 

 

                          TAURON Polska Energia S.A.

(LEI No: 259400NAPDFBOTNCRL54)

 

 

 

TAURON Polska Energia Capital Group's estimated results for FY 2025 and Q4
2025 and TAURON Polska Energia S.A. estimated results for FY 2025

 

 

 

TAURON Polska Energia S.A. ("Issuer") announces selected estimated
consolidated financial and operating figures of TAURON Polska Energia S.A.
Capital Group ("TAURON Group") for FY 2025 and Q4 2025 as well as estimated
financial figures of TAURON Polska Energia S.A. for FY 2025.

 

Selected estimated consolidated financial figures of TAURON Group for:

 

(a) FY 2025

 

Sales revenue and compensations: PLN 34,358 million

EBITDA (operating profit increased by depreciation, amortization and write
downs for non-financial assets): PLN 7,511 million, out of which:

 

- Distribution Segment's EBITDA: PLN 4,788 million

- RES Segment's EBITDA: PLN 572 million

- Generation Segment's EBITDA: PLN 948 million

- Heat Segment's EBITDA: PLN 296 million

- Supply and Wholesale Trading Segment's EBITDA: PLN 662 million

 

EBIT (operating profit): PLN 5,092 million

Gross profit: PLN 4,253 million

Net profit: PLN 3,315 million

 

CAPEX: PLN 5,641 million

Net debt as of December 31, 2025: PLN 10,337 million

Net debt/ EBITDA as of December 31, 2025: 1.4x

 

(b) Q4 2025

 

Sales revenue and compensations: PLN 9,240 million

EBITDA (operating profit increased by depreciation, amortization and write
downs for non-financial assets): PLN 1,369 million, out of which:

 

- Distribution Segment's EBITDA: PLN 967 million

- RES Segment's EBITDA: PLN 153 million

- Generation Segment's EBITDA: PLN 209 million

- Heat Segment's EBITDA: PLN 115 million

- Supply and Wholesale Trading Segment's EBITDA: PLN (111) million

 

EBIT (operating profit): PLN 832 million

Gross profit: PLN 679 million

Net profit: PLN 416 million

CAPEX: PLN 1,974 million

 

Selected estimated financial figures of TAURON Polska Energia S.A. for FY
2025:

 

Sales revenue: PLN 18,795 million

EBIT (operating profit): PLN 465 million

Gross profit: PLN 3,351 million

Net profit: PLN 3,307 million

 

Selected estimated operating figures for:

 

(a) FY 2025

 

Electricity distribution: 52.05 TWh, out of which to end customers: 50.63 TWh

Gross electricity production: 12.24 TWh, out of which from RES: 1.78 TWh

Heat production: 11.39 PJ

Heat Supply: 13,79 PJ

Retail electricity supply: 25.17 TWh

 

(b) Q4 2025

 

Electricity distribution: 13.51 TWh, out of which to end customers: 13.10 TWh

Gross electricity production: 3.86 TWh, out of which from RES: 0.52 TWh

Heat generation: 4.31 PJ

Heat Supply: 5,30 PJ

Retail electricity supply: 6.94 TWh

 

Additionally, the Issuer informs that TAURON Group's consolidated financial
results for FY 2025 and Q4 2025 were affected in particular by the following
one-off events:

 

- recognizing of a provision in the amount of PLN 277 million resulting from
the receipt of decision of the President of the Energy Regulatory Office on
the obligation of TAURON Sprzedaż Sp. z o.o. and TAURON Sprzedaż GZE Sp. z
o.o. to transfer the abovementioned amount to the Price Difference Payment
Fund (Current Report No. 5/2026), established pursuant to the Act of October
27, 2022 on extraordinary measures aimed at limiting electricity prices and
supporting certain consumers in 2023. Recognizing of the provision will reduce
the consolidated operating profit and EBITDA by PLN 277 million.

 

- recognizing of a provision in the amount of PLN 146 million for onerous
contracts in the Supply and Wholesale Trading Segment following the approval
by the President of the Energy Regulatory Office (ERO) of G Tariff for 2026,
which, in the Group's assessment, does not cover the costs of contract
performance (Current Report No. 46/2025). Recognizing of the provision will
reduce consolidated operating profit and EBITDA by PLN 146 million.

- reversal of impairment losses on tangible and intangible fixed assets and
rights to use assets in the Heat Segment in the amount of PLN 47 million,
following impairment tests conducted on the assets. As part of the work
related to the preparation of the consolidated report for FY 2025, the Issuer
has determined that the reversal of the above write-downs is justified and is
therefore updating the information provided in Current Report No. 4/2026. The
reversal of the write-downs will increase the Issuer's Capital Group's
consolidated operating profit for Q4 2025 and FY 2025 by the same amount,
while having no impact on EBITDA.

 

With regard to the financial statements of TAURON Polska Energia S.A., the
Issuer informs that the Issuer's financial results for FY 2025 and Q4 2025
were influenced by the reversal of impairment losses on shares in TAURON
Ciepło Sp. z o.o. and an increase in the valuation of the loan granted to
TAURON Wytwarzanie S.A., recognized as a result of analyses conducted as part
of impairment tests as of December 31, 2025. The aforementioned reversal of
impairment losses and increase in the loan value contributed to an increase in
the Issuer's gross financial result for FY 2025 by PLN 392 million (Current
Report No. 4/2026 of March 3, 2026).

 

The financial results presented above are estimates and may be subject to
change. The final figures will be presented in TAURON Polska Energia S.A. FY
2025 financial report and in TAURON Capital Group's FY 2025 consolidated
financial report, scheduled to be published on March 30, 2026.

 

 

Legal basis: Art. 17 sec. 1 of MAR - inside information

 

 

 

 

 Enquiries to:

 TAURON Polska Energia S.A.

 Aleja Walentego Roździeńskiego 1B

 40-202 Katowice, Poland

 Paweł Gaworzyński - Head of IR

 tel. no. +48 723 600 864

 Katarzyna Heinz - IR Officer

 tel. no. +48 516 111 038

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  STRUNRBRNOUOAAR



            Copyright 2019 Regulatory News Service, all rights reserved