Results and presentations

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Results, Presentations, Indicators and Prospects

Results Presentation
Title Annual 9M 1H 1Q
Consolidated results Transcription - https://www.ren.pt/media/f3hbxv0s/transcript_12m2025.pdf; PDF - https://www.ren.pt/media/te0a1gyc/ren-results-presentation-2025.pdf; MP3 - https://www.ren.pt/media/hnqj0jue/ren-s-2025-annual-results.mp3; Transcription - https://www.ren.pt/media/x15bawj5/transcript_9m2025.pdf; PDF - https://www.ren.pt/media/xtkpmc2l/ren-results-presentation-9m25.pdf; MP3 - https://www.ren.pt/media/bs4dfkbz/ren-s-9m2025-results.mp3; Transcription - https://www.ren.pt/media/0ujf5ybd/transcript-1h2025.pdf; PDF - https://www.ren.pt/media/hjkfgtv1/1h25-ren-results-presentation.pdf; MP3 - https://www.ren.pt/media/grgcghep/ren-s-2025-first-half-results.mp3; Transcription - https://www.ren.pt/media/nw4jshsx/transcript_1q2025.pdf; PDF - https://www.ren.pt/media/l01mq3u3/ren-results-presentation-1q25.pdf; MP3 - https://www.ren.pt/media/wm1atc4c/ren-results-presentation-1q2025.mp3;
Consolidated results - Report PDF - https://www.ren.pt/media/j1xdrwoe/ren-results-report-2025.pdf; PDF - https://www.ren.pt/media/k5vj4arq/ren-results-report-9m25.pdf; PDF - https://www.ren.pt/media/c5gchorm/1h25-ren-results-report.pdf; PDF - https://www.ren.pt/media/4dwjorxf/ren-results-report-1q25.pdf;
Report & Accounts PDF - https://www.ren.pt/media/zrtomb0m/ra_9m2025.pdf; PDF - https://www.ren.pt/media/xtrngo0l/rc-ifrs-1h2025.pdf; PDF - https://www.ren.pt/media/xmqb1bh2/report-accounts-1q2025.pdf;
Financial Information Excel - https://www.ren.pt/media/lvklekgo/ren-financial-information-2025.xlsx; Excel - https://www.ren.pt/media/eibp3zdu/ren-financial-information-9m25.xlsx; Excel - https://www.ren.pt/media/hmeha0mc/ren-financial-information-1h25.xlsx; Excel - https://www.ren.pt/media/1k0nvzjs/ren-financial-information-1q25.xlsx;
Factsheet PDF - https://www.ren.pt/media/k2dh2eue/factsheet-9m25.pdf; PDF - https://www.ren.pt/media/4wbpcr2l/factsheet-1h25.pdf; PDF - https://www.ren.pt/media/vwqpsnxe/factsheet-1q25.pdf;
Annual Reports
Title Annual
Report of Monitoring Gender Indicators PDF - https://www.ren.pt/media/xyjjkycc/relatório-indicadores-género-2025.pdf;

Dividends: 0 result (s)

Capital Market Day: 0 result (s)

ESG: 0 result (s)

Strategic Presentations: 0 result (s)

Results Presentation
Title Annual 9M 1H 1Q
Consolidated results Transcription - https://www.ren.pt/media/bbspgifo/transcript_annualresults2024.pdf; PDF - https://www.ren.pt/media/1k2bb3qq/ren-results-presentation-12m24.pdf; MP3 - https://www.ren.pt/media/gfwcs20n/ren-s-2024-annual-results.mp3; Transcription - https://www.ren.pt/media/qs1jzouu/transcript_9m2024.pdf; PDF - https://www.ren.pt/media/bmtgzyeq/ir-results-presentation-9m24.pdf; MP3 - https://www.ren.pt/media/uaqdn1qo/ren-s-9m2024-results.mp3; Transcription - https://www.ren.pt/media/ghjkpftu/transcript_1h24.pdf; PDF - https://www.ren.pt/media/byuhg50l/ir_results_presentation_1h24.pdf; MP3 - https://www.ren.pt/media/nt4duwgy/conferencecall_1h2024.mp3; Transcription - https://www.ren.pt/media/45qlzd2u/transcript_1q2024.pdf; PDF - https://www.ren.pt/media/brapi5qe/ir_results_presentation_1q24.pdf; MP3 - https://www.ren.pt/media/jmvj1kcy/audio-results-presentation-1q2024.mp3;
Consolidated results report PDF - https://www.ren.pt/media/qmkl1tjh/ren-results-report-12m24.pdf; PDF - https://www.ren.pt/media/45dchlyh/ir-results-report-9m24.pdf; PDF - https://www.ren.pt/media/ot3acqud/ir_results_report_1h24.pdf; PDF - https://www.ren.pt/media/s3zp4ip1/ir_results_report_1q24.pdf;
Report & Accounts PDF - https://www.ren.pt/media/hkmms4rx/ren-integrated-report-2024.pdf; PDF - https://www.ren.pt/media/qilbcnfp/report-and-accounts-9m2024.pdf; PDF - https://www.ren.pt/media/lwzhw45l/1h2024-accounts.pdf; PDF - https://www.ren.pt/media/jb4bcevx/rc-ifrs-1q2024.pdf;
Factsheet PDF - https://www.ren.pt/media/4brjoidg/factsheet_results_12m2024.pdf; PDF - https://www.ren.pt/media/51efwoyb/factsheet_results_9m24.pdf; PDF - https://www.ren.pt/media/1jebnfdr/factsheet_results_1h24.pdf; PDF - https://www.ren.pt/media/5uhht314/factsheet-results-1q24.pdf;
Financial Information Excel - https://www.ren.pt/media/dytdi35i/ren-financial-information-12m24.xlsx; Excel - https://www.ren.pt/media/ubodlzhe/financial_information_9m24.xlsx; Excel - https://www.ren.pt/media/stffkoqm/financial-information-1h24.xlsx; Excel - https://www.ren.pt/media/21tf4pee/financial-information-1q24.xlsx;

Strategic Presentations: 0 result (s)

Results Presentation
Title Annual 9M 1H 1Q
Consolidated results Transcription - https://www.ren.pt/media/livnqhqn/transcript-2023annualresults.pdf; PDF - https://www.ren.pt/media/i4lb4uiv/ir_results_presentation_12m23.pdf; MP4 - https://www.ren.pt/media/brnni3fb/rens-2023-annual-results.mp4; Transcription - https://www.ren.pt/media/gtclz2jl/transcript_9m2023.pdf; PDF - https://www.ren.pt/media/jnbf1hlq/ir-results-presentation-9m23.pdf; MP3 - https://www.ren.pt/media/40fazvn4/ren-s-9m2023-results.mp3; Transcription - https://www.ren.pt/media/4ewjxqoy/transcript_1h2023.pdf; PDF - https://www.ren.pt/media/g2pgsmk5/ir-results-presentation_1h23.pdf; MP3 - https://www.ren.pt/media/1opfa00e/1h2023.mp3; Transcription - https://www.ren.pt/media/repphlc5/resultados-consolidados-2023-1t-transciption.pdf; PDF - https://www.ren.pt/media/inidpeud/report-accounts-2023-1q.pdf; MP3 - https://www.ren.pt/media/dooliyrf/resultados-consolidados-2023-1t-mp3.mp3;
Consolidated results report PDF - https://www.ren.pt/media/ff4jzxmq/results_report_12m23.pdf; PDF - https://www.ren.pt/media/jc2nwoga/ir-results-report-9m23.pdf; PDF - https://www.ren.pt/media/xwqpovra/ir-results-report_1h23.pdf; PDF - https://www.ren.pt/media/xnrlkxo3/resultados-consolidados-anuais-2022-contas-não-auditadas.pdf;
Report & Accounts PDF - https://www.ren.pt/media/hucemblz/annual-report-2023-ren.pdf; PDF - https://www.ren.pt/media/j0xdte2x/rc_ifrs_3t-2023_en.pdf; PDF - https://www.ren.pt/media/rq5hdvmk/report-accounts-1h2023.pdf; PDF - https://www.ren.pt/media/hgtaxpoa/report-accounts-1q2023.pdf;
Factsheet PDF - https://www.ren.pt/media/xgadvtlo/factsheet_results_12m23.pdf; PDF - https://www.ren.pt/media/wfnkvkv3/factsheet_results_9m23.pdf; PDF - https://www.ren.pt/media/ifadknbw/factsheet_results_1h23.pdf; PDF - https://www.ren.pt/media/mq1bt0w1/factsheet-2023-1t.pdf;
Financial Information Excel - https://www.ren.pt/media/0ktntgnu/ren_12m23.xlsx; Excel - https://www.ren.pt/media/qurc2z0e/complete-9m23.xlsx; Excel - https://www.ren.pt/media/pu5cnnwg/complete_1h23.xlsx; Excel - https://www.ren.pt/media/injh50bk/complete_1q23.xlsx;

Capital Market Day: 0 result (s)

Strategic Presentations: 0 result (s)

Results Presentation
Title Annual 9M 1H 1Q
Consolidated results - unaudited information Transcription - https://www.ren.pt/media/zafnaehn/resultados-consolidados-contas-não-auditadas-2022-anual-transciption.pdf; PDF - https://www.ren.pt/media/4tjlnd2z/2022-consolidated-results-unaudited-information-2022-annual.pdf; MP3 - https://www.ren.pt/media/z5dnywxe/resultados-consolidados-contas-não-auditadas-2022-anual-mp3.mp3; Transcription - https://www.ren.pt/media/hrzlq4u0/resultados-consolidados-contas-não-auditadas-2022-9m-transciption.pdf; PDF - https://www.ren.pt/media/yfbf2adg/2022-consolidated-results-unaudited-information-2022-9m.pdf; MP3 - https://www.ren.pt/media/ozujcotc/resultados-consolidados-contas-não-auditadas-2022-9m-mp3.mp3; Transcription - https://www.ren.pt/media/3emiengc/resultados-consolidados-contas-não-auditadas-2022-1s-transciption.pdf; PDF - https://www.ren.pt/media/gaefeoeo/2022-consolidated-results-unaudited-information-2022-1h.pdf; MP3 - https://www.ren.pt/media/h2cj4h3l/resultados-consolidados-contas-não-auditadas-2022-1s-mp3.mp3; Transcription - https://www.ren.pt/media/iy5hc0za/resultados-consolidados-contas-não-auditadas-2022-1t-transciption.pdf; PDF - https://www.ren.pt/media/unnlk2gx/2022-consolidated-results-unaudited-information-2022-1q.pdf; MP3 - https://www.ren.pt/media/uq1obhgi/resultados-consolidados-contas-não-auditadas-2022-1t-mp3.mp3;
Consolidated results report - unaudited information PDF - https://www.ren.pt/media/qgoksfe5/resultados-consolidados-report-contas-não-auditadas-english-version-2022-anual.pdf; PDF - https://www.ren.pt/media/bzgcspws/resultados-do-primeiro-trimestre-de-2022-report-versao-inglesa-pt-pt.pdf;
Report & Accounts 2022 PDF - https://www.ren.pt/media/rkedz104/relatório-anual-2022-versão-não-esef.pdf; PDF - https://www.ren.pt/media/4dvnfwy0/report-accounts-2022-9m.pdf; PDF - https://www.ren.pt/media/adsluhsv/report-accounts-2022-1h.pdf; PDF - https://www.ren.pt/media/b0fafhwb/report-accounts-2022-1q.pdf;
Factsheet PDF - https://www.ren.pt/media/5b3erjy5/factsheet-2022-anual.pdf;
Financial information Excel - https://www.ren.pt/media/5rfc2nqd/xls-2022-apresentação-de-resultados.xlsx;
Dividends
Title Annual
Intercalate 2022 PDF - https://www.ren.pt/media/wrzpwone/dividend-2022.pdf;
IR Presentations
Title 9M
Roadshow presentation 2022 PDF - https://www.ren.pt/media/o0shqvgp/ir-presentation_feb-2023.pdf;

Capital Market Day: 0 result (s)

Strategic Presentations: 0 result (s)

Results Presentation
Title Annual 9M 1H 1Q
Consolidated results Transcription - https://www.ren.pt/media/2uhiisj2/resultados-consolidados-2021-anual-transciption.pdf; PDF - https://www.ren.pt/media/r3fnzrfq/2022-consolidated-results-2021-annual.pdf; MP3 - https://www.ren.pt/media/zvkncg5v/resultados-consolidados-2021-anual-mp3.mp3; Transcription - https://www.ren.pt/media/jk4btgxg/resultados-consolidados-2021-9m-transciption.pdf; PDF - https://www.ren.pt/media/1vndrabs/2022-consolidated-results-2021-9m.pdf; MP3 - https://www.ren.pt/media/o4zp0iai/resultados-consolidados-2021-9m-mp3.mp3; Transcription - https://www.ren.pt/media/vhgdz04e/resultados-consolidados-2021-1s-transciption.pdf; PDF - https://www.ren.pt/media/dkhbfvyi/2022-consolidated-results-2021-1h.pdf; MP3 - https://www.ren.pt/media/iknd0o3a/resultados-consolidados-2021-1s-mp3.mp3; Transcription - https://www.ren.pt/media/w2chwmn3/resultados-consolidados-2021-1t-transciption.pdf; PDF - https://www.ren.pt/media/hvxpfqrd/2022-consolidated-results-2021-1q.pdf; MP3 - https://www.ren.pt/media/0npp5jdd/resultados-consolidados-2021-1t-mp3.mp3;
Consolidated results report PDF - https://www.ren.pt/media/4rxo5jmg/resultados-consolidados-anuais-de-2021-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/vfrewwfs/resultados-consolidados-dos-primeiros-9-meses-de-2021-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/dumnns34/resultados-consolidados-do-primeiro-semestre-de-2021-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/3bcl0mww/resultados-consolidados-dos-primeiros-3-meses-de-2021-report-versao-inglesa-pt-pt.pdf;
Report & Accounts PDF - https://www.ren.pt/media/sp3jg5oc/annual-report-2021-non-esef-version.pdf; PDF - https://www.ren.pt/media/kipig3f0/report-accounts-2021-9m.pdf; PDF - https://www.ren.pt/media/5k1eldui/report-accounts-2021-1h.pdf; PDF - https://www.ren.pt/media/jfdmtfc4/report-accounts-2021-1q.pdf;
Financial information Excel - https://www.ren.pt/media/zywe2orc/xls-2021-apresentação-de-resultados.xlsx;
Annual Reports
Title Annual
Annual Report 2021 - Non ESEF version PDF - https://www.ren.pt/media/sp3jg5oc/annual-report-2021-non-esef-version.pdf;
Annual Report 2021 - ESEF version (portuguese) Others - https://www.ren.pt/media/jjenkonc/relatório-anual-2021-versão-esef.xhtml;
Capital Markets Day
Title Annual
Capital Markets Day 2021 PDF - https://www.ren.pt/media/usiiffoh/capital-markets-day-2021-versão-inglesa.pdf;

Corporate Presentation: 0 result (s)

Strategic Presentations: 0 result (s)

Results Presentation
Title Annual 9M 1H 1Q
Consolidated results Transcription - https://www.ren.pt/media/ahrhuymw/resultados-consolidados-2020-anual-transciption.pdf; PDF - https://www.ren.pt/media/tckjhtjs/2022-consolidated-results-2020-annual.pdf; MP3 - https://www.ren.pt/media/wwli4mot/resultados-consolidados-2020-anual-mp3.mp3; Transcription - https://www.ren.pt/media/sgudy2rv/resultados-consolidados-2020-9m-transciption.pdf; PDF - https://www.ren.pt/media/gwzpwz5m/2022-consolidated-results-2020-9m.pdf; MP3 - https://www.ren.pt/media/c1vlmx1w/resultados-consolidados-2020-9m-mp3.mp3; Transcription - https://www.ren.pt/media/1dtl5ynw/resultados-consolidados-2020-1s-transciption.pdf; PDF - https://www.ren.pt/media/bp4lvpjh/2022-consolidated-results-2020-1h.pdf; MP3 - https://www.ren.pt/media/c1vlmx1w/resultados-consolidados-2020-9m-mp3.mp3; Transcription - https://www.ren.pt/media/b4ue4b0t/resultados-consolidados-2020-1t-transciption.pdf; PDF - https://www.ren.pt/media/acrkkqjl/2022-consolidated-results-2020-1q.pdf; MP3 - https://www.ren.pt/media/e0bbiks4/resultados-consolidados-2020-1t-mp3.mp3;
Consolidated results report PDF - https://www.ren.pt/media/333ld0aw/resultados-consolidados-anuais-2020-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/jtrflnpq/resultados-consolidados-dos-primeiros-9-meses-de-2020-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/wwbjte3v/resultados-consolidados-do-primeiro-semestre-de-2020-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/e3ylzvfa/resultados-consolidados-dos-primeiros-3-meses-de-2020-report-versao-inglesa-pt-pt.pdf;
Report & Accounts PDF - https://www.ren.pt/media/ezubehtn/report-accounts-2020.pdf; PDF - https://www.ren.pt/media/c2skjgdz/report-accounts-2020-9m.pdf; PDF - https://www.ren.pt/media/pwngmzkz/report-accounts-2020-1h.pdf; PDF - https://www.ren.pt/media/jhrm3cuz/report-accounts-2020-1q.pdf;
Financial information Excel - https://www.ren.pt/media/3dvpat1c/xls-2020-apresentação-de-resultados.xlsx;
Annual Reports
Title Annual
Report & Accounts 2020 PDF - https://www.ren.pt/media/ezubehtn/report-accounts-2020.pdf;

Corporate Presentation: 0 result (s)

Capital Market Day: 0 result (s)

ESG: 0 result (s)

Strategic Presentations: 0 result (s)

Results Presentation
Title Annual 9M 1H 1Q
2019 Consolidated results Transcription - https://www.ren.pt/media/zykax5yu/resultados-consolidados-2019-anual-transciption.pdf; PDF - https://www.ren.pt/media/5gilscar/2022-consolidated-results-2019-annual.pdf; MP3 - https://www.ren.pt/media/3nfkqlzw/resultados-consolidados-2019-anual-mp3.mp3; Transcription - https://www.ren.pt/media/eijercnh/resultados-consolidados-2019-9m-transciption.pdf; PDF - https://www.ren.pt/media/qc0n4qqe/2022-consolidated-results-2019-9m.pdf; MP3 - https://www.ren.pt/media/0kojh4ka/resultados-consolidados-2019-9m-mp3.mp3; Transcription - https://www.ren.pt/media/3ycn432z/resultados-consolidados-2019-1s-transciption.pdf; PDF - https://www.ren.pt/media/2jqnqnfd/2022-consolidated-results-2019-1h.pdf; MP3 - https://www.ren.pt/media/43zfk2zm/resultados-consolidados-2019-1s-mp3.mp3; Transcription - https://www.ren.pt/media/h4yp0jpq/resultados-consolidados-2019-1t-transciption.pdf; PDF - https://www.ren.pt/media/uvsj3l2l/2022-consolidated-results-2019-1q.pdf; MP3 - https://www.ren.pt/media/u2whwv4q/resultados-consolidados-2019-1t-mp3.mp3;
2019 Consolidated results report PDF - https://www.ren.pt/media/tazkc4nb/2019-consolidated-results-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/ijyllyxm/resultados-consolidados-report-english-version-2019-9m.pdf; PDF - https://www.ren.pt/media/325ijmoy/resultados-consolidados-report-english-version-2019-1s.pdf; PDF - https://www.ren.pt/media/ecxft4b4/resultados-consolidados-dos-primeiros-3-meses-de-2019-report-versao-inglesa-pt-pt.pdf;
Report & Accounts 2019 PDF - https://www.ren.pt/media/z4bmcopt/report-accounts-2019-9m.pdf; PDF - https://www.ren.pt/media/wxjjbvbr/report-accounts-2019-1h.pdf; PDF - https://www.ren.pt/media/ek3j1h0k/report-accounts-2019-1q.pdf;
Financial information Excel - https://www.ren.pt/media/brjpy4nh/xls-2019-apresentação-de-resultados.xlsx;
Annual Reports
Title Annual
Report & Accounts 2019 PDF - https://www.ren.pt/media/tyxmi0zi/general-meetings-2020-item-1.pdf;

Corporate Presentation: 0 result (s)

Capital Market Day: 0 result (s)

ESG: 0 result (s)

Annual Reports
Title Annual
Report and Accounts 2018 PDF - https://www.ren.pt/media/e0tp215x/general-meetings-2019-item-1.pdf;

Corporate Presentation: 0 result (s)

ESG: 0 result (s)

Strategic Presentations: 0 result (s)

Results Presentation
Title Annual 9M 1H 1Q
2017 Consolidated results PDF - https://www.ren.pt/media/cxcnrn3v/2022-consolidated-results-2017-annual.pdf; MP3 - https://www.ren.pt/media/0mcoykex/resultados-consolidados-2017-anual-mp3.mp3; Transcription - https://www.ren.pt/media/zbdfrc4x/resultados-consolidados-2017-9m-transciption.pdf; PDF - https://www.ren.pt/media/ms4mn4xl/2022-consolidated-results-2017-9m.pdf; MP3 - https://www.ren.pt/media/p0xjztwf/resultados-consolidados-2017-9m-mp3.mp3; Transcription - https://www.ren.pt/media/uxshquxa/resultados-consolidados-2017-1s-transciption.pdf; PDF - https://www.ren.pt/media/geibkki2/2022-consolidated-results-2017-1h.pdf; MP3 - https://www.ren.pt/media/cflb5kjd/resultados-consolidados-2017-1s-mp3.mp3; Transcription - https://www.ren.pt/media/vlvh45fm/resultados-consolidados-2017-1t-transciption.pdf; PDF - https://www.ren.pt/media/w3zjae4v/2022-consolidated-results-2017-1q.pdf; MP3 - https://www.ren.pt/media/fngfifz4/resultados-consolidados-2017-1t-mp3.mp3;
2017 Consolidated results report PDF - https://www.ren.pt/media/pycjcqvh/resultados-consolidados-de-2017-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/ajepl0u3/resultados-dos-9-meses-de-2017-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/1fokqrid/resultados-do-primeiro-semestre-de-2017-report-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/bfthmee0/resultados-consolidados-report-english-version-2017-1t.pdf;
Report & Accounts 2017 PDF - https://www.ren.pt/media/3ron0tgn/report-accounts-2017-9m.pdf; PDF - https://www.ren.pt/media/mecoojgf/report-accounts-2017-1h.pdf; PDF - https://www.ren.pt/media/wwng5yna/report-accounts-2017-1q.pdf;
Annual Reports
Title Annual
Report and Accounts 2017 PDF - https://www.ren.pt/media/4s1p1bzx/report-and-accounts-2017.pdf;

Corporate Presentation: 0 result (s)

Capital Market Day: 0 result (s)

ESG: 0 result (s)

Results Presentation
Title Annual 9M 1H 1Q
2016 Consolidated results Transcription - https://www.ren.pt/media/neup3vgy/resultados-consolidados-2016-anual-transciption.pdf; PDF - https://www.ren.pt/media/chrjha0s/2022-consolidated-results-2016-annual.pdf; MP3 - https://www.ren.pt/media/54vnvkyi/resultados-consolidados-2016-anual-mp3.mp3; Transcription - https://www.ren.pt/media/onadiace/resultados-consolidados-2016-9m-transciption.pdf; PDF - https://www.ren.pt/media/ieijkblw/2022-consolidated-results-2016-9m.pdf; MP3 - https://www.ren.pt/media/w4hhxq4j/resultados-consolidados-2016-9m-mp3.mp3; Transcription - https://www.ren.pt/media/noplsedk/resultados-consolidados-2016-1s-transciption.pdf; PDF - https://www.ren.pt/media/nikhbprm/2022-consolidated-results-2016-1h.pdf; MP3 - https://www.ren.pt/media/w4hhxq4j/resultados-consolidados-2016-9m-mp3.mp3; Transcription - https://www.ren.pt/media/ryejblfc/resultados-consolidados-2016-1t-transciption.pdf; PDF - https://www.ren.pt/media/jppjmgmg/2022-consolidated-results-2016-1q.pdf; MP3 - https://www.ren.pt/media/b4kfzrd0/resultados-consolidados-2016-1t-mp3.mp3;
2016 Consolidated results report PDF - https://www.ren.pt/media/l4fbjhm5/2016-consolidated-results-report-pt-pt.pdf; PDF - https://www.ren.pt/media/kx0ewe23/first-nine-months-2016-consolidated-results-report-pt-pt.pdf; PDF - https://www.ren.pt/media/j2tbzesq/first-half-2016-consolidated-results-report-pt-pt.pdf; PDF - https://www.ren.pt/media/wh1fpqtd/first-quarter-2016-consolidated-results-report-pt-pt.pdf;
Report & Accounts 2016 PDF - https://www.ren.pt/media/bzmcov4q/report-accounts-2016-9m.pdf; PDF - https://www.ren.pt/media/uihjjeim/report-accounts-2016-1h.pdf; PDF - https://www.ren.pt/media/q3xfmjo1/report-accounts-2016-1q.pdf;
Annual Reports
Title Annual
Annual Report 2016 PDF - https://www.ren.pt/media/qyeld3og/annual-report-2016.pdf;

Capital Market Day: 0 result (s)

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Results Presentation
Title Annual 9M 1H 1Q
2015 Consolidated results Transcription - https://www.ren.pt/media/woldr1dy/resultados-consolidados-2015-anual-transciption.pdf; PDF - https://www.ren.pt/media/jdqhpu1s/2022-consolidated-results-2015-annual.pdf; MP3 - https://www.ren.pt/media/1udisvbp/resultados-consolidados-2015-anual-mp3.mp3; PDF - https://www.ren.pt/media/i0qluxud/2022-consolidated-results-2015-9m.pdf; MP3 - https://www.ren.pt/media/2igaixf1/resultados-consolidados-2015-9m-mp3.mp3; PDF - https://www.ren.pt/media/omckwzhk/2022-consolidated-results-2015-1h.pdf; MP3 - https://www.ren.pt/media/4zjldnun/resultados-consolidados-2015-1s-mp3.mp3; PDF - https://www.ren.pt/media/3czh5ja2/2022-consolidated-results-2015-1q.pdf; MP3 - https://www.ren.pt/media/5wxb5li1/resultados-consolidados-2015-1t-mp3.mp3;
2015 Consolidated results report PDF - https://www.ren.pt/media/xwwpijji/2015-consolidated-results-report-pt-pt.pdf; PDF - https://www.ren.pt/media/cybarwzs/resultados-consolidados-dos-primeiros-9-meses-de-2015-report-pt-pt.pdf; PDF - https://www.ren.pt/media/c3qpqh3m/relatorio-resultados-consolidados-do-primeiro-semestre-de-2015-versao-inglesa-pt-pt.pdf; PDF - https://www.ren.pt/media/bkand45u/resultados-consolidados-do-primeiro-trimestre-de-2015-versao-inglesa-pt-pt.pdf;
Consolidated Report and Accounts 2015 PDF - https://www.ren.pt/media/0fgbdikb/report-accounts-2015-9m.pdf; PDF - https://www.ren.pt/media/fsnhaybg/report-accounts-2015-1h.pdf; PDF - https://www.ren.pt/media/5oyl0szr/report-accounts-2015-1q.pdf;
Annual Reports
Title Annual
Annual Report 2015 PDF - https://www.ren.pt/media/pf1np3de/annual-report-2015.pdf;

Corporate Presentation: 0 result (s)

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Annual Reports
Title Annual
Annual Report 2014 PDF - https://www.ren.pt/media/qa1dw0mp/annual-report-2014.pdf;

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Strategic Presentations
Title Annual
Conference call on new regulatory framework for natural gas 2013-2016 MP3 - https://www.ren.pt/media/g5ycrgjm/conference-call-sobre-nova-regulação-do-gás-natural-2013-2016.mp3;

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Strategic Presentations
Title Annual
Conference call on new electricity regulation MP3 - https://www.ren.pt/media/mqznfaal/conference-call-sobre-nova-regulação-da-electricidade.mp3;

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Capital Markets Day
Title Annual
Investor Day 2010 PDF - https://www.ren.pt/media/e1qhaflv/2010-investor-day-pt-pt.pdf;
Strategic Presentations
Title Annual
Conference call on new gas regulation - 2010/2013 MP3 - https://www.ren.pt/media/p5bf3miu/conference-call-sobre-nova-regulação-do-gás-20102013.mp3;

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Strategic Presentations
Title Annual
Conference call on ERSE's new regulatory proposal 2009/2011 MP3 - https://www.ren.pt/media/hhgk01n3/conference-call-com-analistas-e-investidores-sobre-proposta-da-erse-para-o-período-20092011.mp3;

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Strategic Presentations
Title Annual
Market Special Session PDF - https://www.ren.pt/media/45xppeln/sessão-especial-de-bolsa.pdf;

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Annual Results
Results Unit 2024 2023 2022 2021 2020 2019 2018 2017 2016
Turnover M€ 628.5 651.8 588.2 565.8 563.3 565.8 567.5 561.5 545.3
EBITDA M€ 506.1 514 487.3 460.8 470.2 486.2 492.3 487.5 476
EBIT M€ 260.8 260.8 238 218.9 229 250.6 257.2 265.5 261.3
Net Financial Income M€ -56.7 -43.5 -45.7 -42.6 -46.8 -52.5 -57.8 -61.2 -80.3
Income Before Taxes M€ 190.2 220.2 194.1 176.3 182.2 198.1 199.5 204.3 181.4
Net Income M€ 152.5 149.2 111.8 97.2 109.2 118.9 115.7 125.9 100.2
Recurrent Net Income M€ 111.6 125 136.7 121.8 131.7 144.8 137.2 154.8 126.1
Annual Debt
Debt Unit 2023 2022 2021 2020 2019 2018 2017 2016
Net Debt M€ 2,748.7 2,043.7 2,362 2,741.9 2,286 2,653.1 2,756.2 2,477.7
Average Cost Of Debt % 2.5% 1.8% 1.6% 1.8% 2.1% 2.2% 2.5% 3.2%
Average Debt Maturity Years 2.5 3 3.3 3.4 3.6 4.3 4.1 5.1
Debt Structure
Financing source
EIB M€ 453.3 371.6 430.9 480.8 435.7 409.4 450 497.1
Bond Issues * M€ 1,117 1,722.9 1,722.9 1,422.9 1,743.1 1,768.2 1,655.6 1,700.1
Commercia lPaper M€ 1.106 250 450 700 464 180 220 253
Other M€ 48.9 148.2 195.4 221.1 351.5 485.7 60
Rate Type:
Fixed % 62% 71% 60% 62% 58% 62% 64% 64%
Variable % 38% 29% 40% 38% 42% 38% 46% 36%

* Includes currency hedging derivative

Annual Performance
Share Unit 2023 2022** 2021 2020 2019 2018 2017 2016
Year End Price 2.33 2.52 2.55 2.37 2.72 2.434 2.479* 2.7
Annual Return % -1.8% 7.1% 15.5% -6.9% 19.6% 4.8% 10.1% 3.3%
Market Capitalisation M€ 1.551 1,681 1,698 1,578 1,815 1,624 1,654 1,441
Earnings Per Share 0.22 0.17 0.15 0.16 0.18 0.17 0.19 0.19
Dividend Per Share 0.154 0.154 0.154 0.171 0.171 0.171 0.171 0.171
Payout Ratio 57.9% 73.5% 91.9% 104.4% 79.6% 98.6% 90.6% 91.1%
Dividend Yield % 6.6% 5.1% 6.7% 7.2% 6.3% 7% 6.5% 6.4%

* 2017 adjusted to the capital increase.

** On 30th November 2022, the Board of Directors approved the payment of interim dividends, as an advance on profits, in the amount of 6.4 cents per share. At the General Shareholders' Meeting on April 27th, the Board of Directors approved a payment of dividends of 15.4 cents per share (6.4 cents were paid in December 2022 and the remaining 9 cents in 2023).

Other Indicators
Other Indicators Unit 2023 2022 2021 2020 2019 2018 2017 2016
Average RAB M€ 3,547.8 3,609.8 3,602.8 3,635 3,753.3 3,832 3,924.7 3,537.1
CAPEX M€ 301.5 201.5 247.1 173.3 188.6 121.9 155.6 171.5
Net debt / EBITDA x 4.2x 4.2x 5.1x 5.8x 5.7x 5.4x 5.3x 5.2x
No. of employees (1) # 748 719 701 697 684 691 693 608
Electricity (2) # 211 216 211 210 210 215 214 229
Gas (3) # 132 136 139 137 131 129 128 129
Portgás # 65 63 69 69 68 72 88
Other Business Unit (4) # 340 304 282 281 275 275 261 250

(1) Payroll + Fixed-term employees + trainees

(2) Electricity Grid

(3) REN Gasodutos + REN Armazenagem + REN Atlântico

(4) Concession support + Support functions + Enondas + Other

Quarterly Results
Results Unit 2025 9M25 1H25 1Q25 9M24 1H24 1Q24 2023 9M23 1H23 1Q23
EBITDA M€ 516.1 383.6 256.6 128.9 395.5 257.8 128.9 514 395.5 264.9 131.9
EBIT M€ 249.1 184.1 124.2 63.1 206.7 245.9 44.320 260.8 206.7 139.1 69.1
Net Financial Income M€ -44.5 -39.4 -22.5 -16.8 -35.5 -27.7 -21.3 -43.477 -35.5 -16.7 -12.9
Income Before Taxes M€ 204.6 144.7 101.7 46.3 171.2 59.2 47.9 220.246 171.2 122.4 56.1
Net Income M€ 159.8 103.9 65.7 14.4 96.2 48.6 3.7 149.2 96.2 63 12.8
Recurrent Net Income M€ 159.6 102.9 64.7 6.1 122.6 47.5 3.7 125 122.6 89.6 40.9
Quarterly Debt
Debt Unit 2025 9M25 1H25 1Q25 2024 9M24 1H24 1Q24 2023 9M23 1H23 1Q23
Net Debt M€ 2.520.6 2.441.7 2.399.5 2.334.6 2.521.0 2.568.0 2.679.8 2,670.4 2,748.7 2464 2,393.7 2,191.5
Average Cost Of Debt % 2.5% 2.6% 2.7% 2.8% 2.7% 2.8% 2.8% 2.8% 2.5% 2.4% 2.4% 2.4%
Average Debt Maturity Years 4.7 4.7 4.8 5.1 5.2 4.8 4.3 4.4 2.6 2.7
Debt Structure
Financing source
EIB M€ 453.3 453.3 321.9 346.9 371.6
Bond Issues * M€ 1,413.9 1,117 1,172.9 1,172.9 1,722.9
Commercia lPaper M€ 746 1,106 965 873 250
Other M€ 39.3 39 38.9
Rate Type:
Fixed % 40% 42% 42% 43% 60% 71% 68% 83% 62% 69% 71% 83%
Variable % 60% 58% 58% 57% 40% 29% 32% 17% 38% 31% 29% 17%

* Includes currency hedging derivative

Quarterly Other Indicators
Other Indicators Unit 2025 9M25 1H25 1Q25 2024 9M24 1H24 1Q24 2023 9M23 1H23 1Q23
Average RAB M€ 3.502.9 3.437.3 3.453.9 3.464.4 3.509.5 3.452.9 3.477.4 3,499.3 3,547.8 3,510.9 3,533.2 3,549.4
CAPEX M€ 474.9 324.6 150 69.1 368.4 212.9 135.4 47.9 301.5 177.1 111.8 45.9
Net debt / EBITDA x 4.9x 4.8x 4.7x 4.5x 5.0x 5.0x 5.2x 5.2x 4.2x 4.5x 4.5x 4.2x

EMTN Prospectus

The resolutions of the General Meeting held on April 28, 2008, which deliberated for the consolidation of all existing debt on REN SGPS, S.A., and the attribution of a Rating Notation by the agencies Moody’s and Standard & Poor’s, enabled REN to start issuing Bonds in International Debt Capital Markets.

Other prospectuses and documents incorporated by reference in the base prospectus

Documents Date Download
REN EMTN Supplement Feb26 02-06-2026 PDF - https://www.ren.pt/media/yaenxx1x/ren-emtn-2026-supplement-no-1-fv.pdf;
Capital Increase Prospectus
Prospectus Date
2017 Prospectus 11-16-2017
Prospectus Date
Base Prospectus 11-05-2020

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