A woman drinks as she walks past a digital display showing the temperature placed in the shade at the headquarters of Spanish energy company “Naturgy” during the first summer heatwave in Barcelona, Spain, June 28, 2025. REUTERS
MADRID, April 29 (Reuters) – Spanish power company Naturgy reported on Wednesday a first-quarter net profit of 530 million euros ($620 million), about 5% higher than a year ago, beating the median forecast by analysts polled by LSEG of 525 million euros, on higher power generation and energy prices.
Overall revenues reached 5.10 billion euros, down 6.9%, compared to the median forecast of 4.51 billion euros.
Naturgy has previously said it expects a slight decline in net profit this year to just below 2 billion euros from 2025’s 2.02 billion.
($1 = 0.8548 euros)
Reporting by Madrid Bureau, editing by Andrei Khalip
