Current Report No.: 49/2026
Current Report No.: 49/2026
Date of Preparation: 3 November 2026
Issuer's Abbreviated Name: Enea S.A.
Subject: Information on preliminary financial and operating results for 9M 2026 and Q3 2026
Legal Basis: Article 17(1) of the Market Abuse Regulation - inside information
Body of the report:
In connection with the adoption of information on preliminary financial and operating results of the Enea Group for 9M 2026 and Q3 2026 by the Management Board of Enea S.A. ("Company", "Issuer") on 3 November 2026, the Company hereby publishes the said preliminary results.
Consolidated financial results of the Enea Group for 9M 2026:
- Revenue from sales and other income: PLN 18,896 million,
- EBITDA: PLN 3,891 million,
- Profit before tax: PLN 2,609 million,
- Net profit for the reporting period: PLN 2,053 million,
- Net profit attributable to shareholders of the parent company: PLN 2,039 million,
- Capital expenditures on property, plant and equipment and intangible assets: PLN 5,472 million,
- Net debt / LTM EBITDA ratio: 0.57.
EBITDA in the distinct operating segments:
- Mining: PLN 189 million,
- Conventional Energy Generation: PLN 1,126 million,
- RES Generation: PLN 181 million,
- Heat Generation: PLN 162 million,
- Distribution: PLN 2,218 million,
- Retail trading: PLN 31 million,
- Wholesale trading: PLN 28 million.
Selected operating highlights:
- Net coal production: 6.4 million tons,
- Total net electricity generation: 14.9 TWh, of which 1.0 TWh from biomass and 0.5 TWh from RES,
- Sales of distribution services to end users: 15.4 TWh,
- Sales of electricity and gaseous fuel to retail customers: 17.3 TWh.
Consolidated financial results of the Enea Group for Q3 2026:
- Revenue from sales and other income: PLN 6,074 million,
- EBITDA: PLN 1,139 million,
- Profit before tax: PLN 711 million,
- Net profit for the reporting period: PLN 549 million,
- Net profit attributable to shareholders of the parent company: PLN 542 million,
- Capital expenditures on property, plant and equipment and intangible assets: PLN 2,525 million,
- Net debt / LTM EBITDA ratio: 0.57.
EBITDA in the distinct operating segments:
- Mining: PLN 82 million,
- Conventional Energy Generation: PLN 291 million,
- RES Generation: PLN 58 million,
- Heat Generation: PLN 19 million,
- Distribution: PLN 769 million,
- Retail trading: PLN -53 million,
- Wholesale trading: PLN 16 million.
Selected operating highlights:
- Net coal production: 2.0 million tons,
- Total net electricity generation: 4.5 TWh, of which 0.4 TWh from biomass and 0.2 TWh from RES,
- Sales of distribution services to end users: 5.0 TWh,
- Sales of electricity and gaseous fuel to retail customers: 5.5 TWh.
The EBITDA result generated by the Enea Group in Q3 2026 was driven largely by the following factors (compared to Q3 2025):
- In the Mining Segment, EBITDA was significantly impacted by higher extraction and production of commercial coal. Revenue from sales of coal increased (although the coal sales volume was higher, the realized sales price was lower).
- The Conventional Energy Generation Segment reported a decline in EBITDA, primarily due to a decrease in the margin on repurchases and a decrease in the margin on co-firing, offset by an increase in revenues from the Capacity Market and the Balancing Capacities.
- In the RES Generation Segment, an increase in EBITDA was recorded, driven by stronger performance in the Wind Area (as a result of the acquisitions made).
- The Heat Generation Segment saw a decline in EBITDA, which was affected by a drop in the unit margin.
- The Distribution Segment reported an increase in EBITDA, driven by a higher margin from licensed operations and a decline in provisions for grid assets, despite an increase in operating expenses.
- In the Trading Segment, the lower EBITDA was mainly due to a decrease in the margin on the retail market.
Please be advised that the foregoing figures are estimates and as such are subject to change, and that their final values will be presented in the Enea Group's periodic report for Q3 2026.
Please note that the term EBITDA is defined as the value of operating profit (loss) + depreciation and amortization + impairment losses on non-financial non-current assets (values for the reporting period). The Net debt / LTM EBITDA ratio is equal to (loans, borrowings and non-current and current debt securities + non-current and current finance lease liabilities + non-current and current financial liabilities measured at fair value - cash and cash equivalents - non-current and current financial assets measured at fair value - non-current and current debt financial assets measured at amortized cost - other current investments) / LTM EBITDA. LTM EBITDA means EBITDA for the last 12 months.
source: biznes.pap.pl