The H1 financial data of utility group Premier Energy (BVB: PE), active in Romania, Moldova, Hungary and Serbia, showed a sharp 64% y\/y decline in net profit, to EUR 22.3 million, but strong growth in normalised financial metrics, which the company says was driven by both organic and non-organic developments and underpinned by its vertically integrated and diversified operational model.<\/p>\n
The Group achieved 10% revenue growth on a normalised basis, after adjusting for tariff deviations in Moldova, reaching EUR 877 million in 1H 2026. Excluding the normalisation, revenue growth was 4%, with the Group generating EUR 871 million in IFRS turnover in 1H 2026. The strong top-line performance reflects the continued growth of the Group, combined with the effectiveness of its diversified business approach.<\/p>\n
The Group reported 27% growth in normalised EBITDA in 1H 2026, to EUR 79 million.<\/p>\n
The increase was driven by higher renewable production volumes from newly acquired and developed production plants in Hungary, a more profitable supply division, higher distribution volumes and RAB values – although partly offset by the lower return on the Moldovan regulated asset base (RAB) – as well as continued improvements in cost control and efficiency.<\/p>\n
The normalisation includes the value of tariff deviations in the Republic of Moldova. It should be noted that the tariff-deviation normalisation primarily affects the supply part of the electricity business in Moldova.<\/p>\n
From January 2026, the Group has operated a renewable electricity company in Hungary. The assets acquired include 158 MW of operational wind capacity, comprising 79 wind turbines located at two sites in northwestern Hungary.<\/p>\n
iulian@romania-insider.com<\/em><\/p>\n (Photo source: press release)<\/em><\/p>","protected":false},"excerpt":{"rendered":" The H1 financial data of utility group Premier Energy (BVB: PE), active in Romania, Moldova, Hungary and Serbia, showed a sharp 64% y\/y decline in net profit, to EUR 22.3 million, but strong growth in normalised financial metrics, which the company says was driven by both organic and non-organic developments and underpinned by its vertically […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11780","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/11780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11780"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/11780\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}