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Enerjisa Enerji AS
IST:ENJSA.E

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Enerjisa Enerji AS
IST:ENJSA.E
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Price: 89.75 TRY -0.83% Market Closed
Market Cap: 106B TRY

Enerjisa Enerji AS
Investor Relations

In the colorful yet competitive landscape of Turkey's energy sector, Enerjisa Enerji AS stands as a commanding presence, orchestrating the symphony of electricity distribution, retail, and services. Born from a strategic partnership between Sabancı Holding and E.ON, Enerjisa has deftly navigated the currents of a rapidly evolving market. The company's expansive reach ensures that millions of customers receive their daily dose of electricity, flowing seamlessly through a network meticulously managed across multiple Turkish provinces. This vast infrastructure not only secures its position as a leading distributor but also anchors its robust revenue stream. By maintaining consistent and reliable service delivery, Enerjisa has become a staple in Turkey’s energy matrix, earning the trust and fidelity of consumers and stakeholders alike.

Beyond distribution, Enerjisa excels in its strategic position within the retail market, where it leverages its expertise to craft customized service packages that address the diverse needs of its clientele. This adaptability represents a critical revenue driver, as the company adeptly balances regulatory requirements and market demands. By offering energy solutions that combine both traditional electricity services and innovative energy efficiency enhancements, Enerjisa sustains profitability and growth. The company's relentless focus on customer satisfaction, coupled with its commitment to sustainability and renewable energy initiatives, paints a picture not merely of a utility provider but as a vanguard of modern energy solutions, striving to power not just homes and businesses, but the future of Turkey itself.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
May 6, 2025
AI Summary
Q1 2025

Strong Start: Enerjisa Enerji reported a robust start to 2025, remaining on track to deliver its full-year guidance despite ongoing macroeconomic challenges in Turkiye.

Underlying Net Income: Underlying net income more than doubled year-over-year to TRY 1.3 billion, mainly due to easing inflation and lower monetary loss from inflation accounting.

Regulated Asset Base: The regulated asset base grew 28% year-over-year to TRY 74 billion, reflecting both past investments and inflation adjustments.

Leverage: Leverage remains very low at 1.1%, supported by disciplined debt management.

Tariff Increase: A 34.5% increase in distribution fees was announced effective April 5, expected to reduce the tariff burden and improve cash flow over the year.

Operational Guidance: Full-year 2025 guidance for operational earnings and underlying net income growth of 30–35% was reiterated, with no changes to guidance despite higher interest rates.

Key Financials
Underlying Net Income
TRY 1.3 billion
Regulated Asset Base
TRY 74 billion
Leverage
1.1%
Dividend per Share
TRY 2.87
Retail Gross Margin
15.1%
Liberalized Segment Gross Margin
3.8%
Free Cash Flow
around minus TRY 2.5 billion to TRY 2.9 billion
Economic Net Debt
TRY 60.3 billion
Financial Net Debt
TRY 48.9 billion
Average Interest Rate
45.4%
Solar PV Capacity
124 megawatt peak
Charging Plots
2,605
Other Earnings Calls

Management

Mr. Murat Pinar
Chief Executive Officer
No Bio Available
Dr. Philipp Ulbrich
Chief Financial Officer
No Bio Available
Martin Jager
Head of Investor Relations
No Bio Available
Suleyman Samsa
Head of Distribution Business Unit
No Bio Available
Ersin Esenturk
Head of Retail Business Unit
No Bio Available
Mehmet Firat
Head of IT and Digital Business Management
No Bio Available

Contacts

Address
Istanbul
Barbaros Mah. Begonya Sok. Nida Kule Atasehir Bati Sit. No: 1 / 1 Atasehir
Contacts
+902165790579
www.enerjisa.com.tr