Redeia Q1 EBITDA Meets Guidance

Redeia posted Q1 clean EBITDA of €325 million, on track to meet full‑year guidance of over €1.25 billion.
Reported EBITDA rose 6% YoY to €338 million, including a €13 million one‑off regulatory accounting item with no net EBIT impact.
Clean net income increased 2% YoY to €140 million, aligning with the full‑year target of over €510 million.
Net debt rose 2% to €5.6 billion, driven by higher capex and partially offset by €300 million of subsidies; shares fell 0.5%.