EDP Renovaveis stock reports 8 percent EBITDA growth as guidance rises

Published on 09/25/2026 at 12:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EDP Renovaveis stock had recurring net profit of EUR 183 million in H1 2026, up 33 percent on September 7. The 2026 EBITDA guide is EUR 2.2-2.3 billion.

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EDP Renovaveis (ISIN ES0127797019) stock stood at EUR 12.99 on Euronext Lisbon on September 23, 2026, while first-half recurring EBITDA rose 8 percent to EUR 1.033 billion. TS2 Tech reports that recurring net profit increased 33 percent to EUR 183 million in the results presented on July 29, 2026.

EBITDA growth reaches 8 percent

The operating result gives the stock a concrete earnings anchor after a volatile summer. First-half recurring EBITDA of EUR 1.033 billion represents an 8 percent year-over-year increase, according to TS2 Tech, with the comparison tied to EDPR's July 29 results presentation.

The quality of that growth matters. Underlying profit excluding asset-rotation gains reached EUR 117 million and was broadly flat after currency effects, so the 33 percent increase in recurring net profit to EUR 183 million includes a meaningful contribution from portfolio transactions.

Guidance depends on asset rotation

EDP Renovaveis raised its 2026 recurring EBITDA guidance to EUR 2.2 billion-2.3 billion, with EUR 300 million expected from asset-rotation gains, TS2 Tech reported on September 7, 2026. That mix makes the upper end of the range dependent on completed disposals as well as power generation.

The Brazil transaction illustrates the balance-sheet trade-off. The company expects 2027 EBITDA to fall by EUR 100 million after the sale, while net income is projected to improve by EUR 20 million and net debt to decline by EUR 1.5 billion, according to TS2 Tech. The financial payoff therefore depends on execution and the timing of cash realization.

Stock remains below its yearly high

EDP Renovaveis ended at EUR 12.99 on September 23, 2026, on Euronext Lisbon. Its market capitalization was EUR 13.606 billion on September 21, 2026, while the next nine-month update is identified for November 5, 2026.