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Tauron Polska Energia SA
WSE:TPE

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Tauron Polska Energia SA
WSE:TPE
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Price: 9.09 PLN 0.55% Market Closed
Market Cap: 15.9B PLN

Tauron Polska Energia SA
Investor Relations

Tauron Polska Energia SA stands as a prominent force in Poland's energy sector, deeply ingrained in the nation's industrial and domestic landscape. Born out of strategic consolidation efforts within the energy industry, Tauron came into being in 2006, merging several key power generation and distribution companies to form a more cohesive energy provider. This integration allowed Tauron to leverage diversified energy resources, thereby securing a substantial share in the electricity market. Tauron oversees a considerable portion of the country's energy supply chain, engaging in activities ranging from coal extraction, which fuels its power plants, to the generation, distribution, and sale of electricity. With its vertically integrated operations, Tauron adeptly combines traditional power generation with an increasing focus on cleaner and renewable energy sources, reflecting broader European energy trends.

The company's revenue model is fundamentally centered around the sale of electricity, both to retail customers and industrial giants, ensuring a steady income stream. Additionally, by owning and managing distribution networks, Tauron earns through infrastructure usage fees as electricity is transmitted across the grid to consumers. In a drive to modernize and diversify its operations, Tauron invests in renewable energy projects, such as wind farms and solar installations, aiming to reduce its carbon footprint and comply with EU environmental regulations. This strategic shift not only bolsters its market position as an electricity supplier but also aligns with global trends towards sustainable energy solutions. Through its commitment to innovation and adaptability, Tauron not only maintains its pivotal role within Poland's energy matrix but also positions itself for future growth in an ever-evolving energy landscape.

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Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Sep 17, 2025
AI Summary
Q2 2025

Strong Earnings: TAURON reported very good financial results for the first half of 2025, including historical highs for EBITDA and net profit, despite a slight drop in revenue due to lower compensation payments.

EBITDA Outperformance: EBITDA topped PLN 4.2 billion for H1 2025, beating consensus by more than PLN 500 million.

Net Profit Surge: Net profit exceeded PLN 2 billion in the first half, with no impairment charges recorded on coal assets, unlike last year.

CapEx Uptick: Capital expenditures rose 23% year-over-year to PLN 2.3 billion, mainly focused on distribution and renewables expansion.

Regulatory Revenue Growth: Distribution tariff regulated revenue for 2025 set at PLN 13.7 billion, up 6% year-over-year, with strong return on capital.

Customer Products: Innovative electricity tariffs, like "cheap hours" and dynamic pricing, are gaining traction, helping customers achieve much lower prices.

Guidance Raised: Management now expects full-year EBITDA to be better year-over-year, with stable net debt-to-EBITDA ratios.

Financing Progress: Nearly PLN 7 billion in preferential funds and subsidies acquired in line with strategic goals, supporting long-term investment plans.

Key Financials
Revenue
PLN 17.3 billion
EBITDA
PLN 4.2 billion
Net Profit
over PLN 2 billion
CapEx
PLN 2.3 billion
Distribution Tariff Regulated Revenue
PLN 13.7 billion
Return on Capital (Distribution)
PLN 2.676 billion
Distribution Regulatory Asset Base
PLN 24.618 billion
WACC (Distribution)
10.35%
Tariff-Based Revenue (H1 2025)
PLN 6.77 billion
Distribution Grid CapEx (H1 2025)
PLN 1.59 billion
New Power Lines Built
2,200 kilometers
Medium-Voltage Cable Lines Added
300 kilometers
Remote Readout Meters Installed
460,000 meters (H1 2025)
Energy Distributed
26 terawatt hours
Regulated Return on Capital
19% of regulated revenue
Renewable Installed Capacity Connected (H1 2025)
510 megawatts (up to 7.7 gigawatts)
Micro Installations Connected
467,000 installations, 4.2 gigawatts
Net Debt-to-EBITDA Ratio
significantly declined (exact figure not specified)
Preferential Funds/Subsidies Acquired
nearly PLN 7 billion
Energy Supply Volume Decline
down about 9%
Dynamic Tariff Customer Price (June)
PLN 285 per MWh
Other Earnings Calls

Management

Mr. Krzysztof Surma
Vice President of the Management Board for Finance
No Bio Available
Mr. Grzegorz Lot
Chairman of the Management Board
No Bio Available
Mr. Piotr Golebiowski
Vice-President of the Management Board for Trade
No Bio Available
Mr. Michal Orlowski
Vice-President of the Management Board for Asset Management & Development
No Bio Available
Mateusz Lewandowski
Acting Executive Director for Investments
No Bio Available
Oliwia Tokarczyk
Executive Director for Taxes & Accounting
No Bio Available
Mr. Marcin Lauer
Head of Investor Relations
No Bio Available
Mr. Piotr Kolodziej
Secretary of the Supervisory Board & Independent Member of the Supervisory Board
No Bio Available
Mr. Roland Makiela
Executive Director of Controlling
No Bio Available
Mr. Pawel Gaworzynski
Investor Relations Officer
No Bio Available

Contacts

Address
WOJ. SLASKIE
Katowice
ks. Piotra Sciegiennego 3, budynek Katowice Business Point
Contacts
+48327742405.0
www.tauron.pl