Spanish gas grid operator, Enagas has surpassed its financial targets for 2025, revealing a €339.1 mill profit.
The profit was helped by asset sales, an upward revision of the amount it was awarded in an arbitration case on a Peruvian investment and cost controls.
Last year’s profit compares with a net loss of €299.3 mill in 2024, which was due to a capital hit related to the sale of a US asset.
Enagas also said it expected a lower profit this year of €235 mill.
EBITDA is expected to be €620 mill this year, compared with €675.7 mill for 2025, the company added.
