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MilitaryUpdate🇷🇴Romania 🇲🇩Moldova 🇭🇺Hungary+132d ago

Premier Energy (BVB: PE), a major vertically integrated utility and infrastructure company in Southeastern Europe, reported normalized revenue of EUR 536 million (+12% YoY) and normalized EBITDA of EUR 52 million (+23% YoY) in Q1 of 2026.  On a reported IFRS basis, revenue amounted to EUR 519 million, a 7% increase year-on-year, while adjusted EBITDA reached EUR 35 million. Net profit amounted to EUR 13 million, while illustrative normalized net profit increased 16% year-on-year to EUR 29 million.  Premier’s Q1 results were backed by higher renewable electricity production following the acquisition of the 158 MW Hungarian wind portfolio, improved profitability in the supply segment, and continued investments in renewable generation and regulated energy infrastructure across Romania and the Republic of Moldova. “Beyond the quarterly performance, the period was important from a strategic execution perspective: we finalized the Hungarian wind acquisition, advanced our solar and storage projects toward commissioning, and in April announced the transformational acquisition of Distribuție Energie Oltenia,” said José Garza , CEO of Premier Energy Group.

3.5/10·Romania Insider

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