EDP Renovables stock reports 33.00 percent profit growth

Published on 09/29/2026 at 06:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EDP Renovables stock posted EUR 183 million in recurring net profit in H1 2026. The share price closed at EUR 12.70 on September 18, 2026, while guidance targets EUR 2.2 billion-EUR 2.3 billion in recurring EBITDA.

Windpark mit vielen Turbinen auf grünen Hügeln bei goldenem Abendlicht — Fotorealistischer Onshore-Windpark bei Sonnenuntergang, Sinnbild für EDP Renováveis S.A., ISIN ES0127797019, globale Windenergie, Illustration mit AI erstellt.

EDP Renovables (ISIN ES0127797019) generated recurring net profit of EUR 183 million in the first half of 2026, up 33.00 percent year over year, as TS2 reported on September 7, 2026. The stock's latest substantiated official close was EUR 12.70 on Euronext Lisbon on September 18, 2026, down 0.70 percent from EUR 12.79.

Recurring EBITDA reaches EUR 1.033 billion

First-half recurring EBITDA rose 8.00 percent to EUR 1.033 billion, supported by capacity additions, especially in the United States, and asset-rotation gains, according to TS2. EDPR's investor page identifies the H1 2026 results webcast as a July 29, 2026 event, giving the figures a clear reporting anchor.

The earnings quality is more mixed beneath the headline growth. Underlying profit excluding asset-rotation gains stood at EUR 117 million, while generation rose 4.00 percent and electricity sales fell 2.00 percent in the first half, according to TS2.

Guidance reaches EUR 2.3 billion

EDP Renovables raised its 2026 recurring EBITDA guidance to EUR 2.2 billion-EUR 2.3 billion, with asset rotations forming a material part of the plan, TS2 reported. That makes execution on disposals important because operating growth alone is progressing more slowly than the recurring profit figure.

Debt reduction carries the test

Net debt stood at EUR 8.7 billion at the end of June, compared with EUR 8.1 billion in December, while management expects the Brazil transaction to reduce net debt by EUR 1.5 billion, according to TS2. The deal's balance-sheet effect therefore matters as much as its reported earnings contribution.

The contrast is clear: recurring net profit increased 33.00 percent, but underlying profit excluding asset rotation was EUR 117 million. Investors can therefore measure the next update by cash realization, debt reduction and profit generated without disposal gains.

Consensus target stays above the close

MarketScreener reported on September 11, 2026, that 23 analysts had an average target of EUR 14.90 and a mean recommendation of Outperform. The reference close of EUR 12.70 on September 18, 2026 keeps that consensus above the latest Euronext Lisbon valuation.

EDPR stock closes at EUR 12.70

EDP Renovables closed at EUR 12.70 on Euronext Lisbon on September 18, 2026, after trading between EUR 12.70 and EUR 12.84; volume was 1,424,350 shares and market capitalization was EUR 13.5 billion.