Enerjisa Enerji achieves all its 2024 financial goals
Enerjisa Enerji, the driving force of the energy transformation in Türkiye in the private sector, continued to carry out its infrastructural investments in 2024. The leading company that implements pioneering practices in the sectors of electricity distribution, retail and customer solutions, Enerjisa Enerji shared its financial outcomes for the end of 2024 with its stakeholders.
Achieving all financial goals set for 2024, Enerjisa Enerji reinforced the confidence of its investors thanks to its commitment to operational excellence and its focus on sustainable growth despite challenging market conditions.
Enerjisa Enerji had already shared its financial goals for 2024 with its investors. Thanks to its sturdy business model, including electricity distribution, retail, and customer solutions, Enerjisa Enerji announced that the company achieved all its goals set for all four items that the company had shared.
Despite the challenging conditions in the world and in our country, Enerjisa Enerji increased its year-on-year operating income on a real basis by TL 2,2 billion, reaching TL 41,2 billion.
Investments in all business lines continued in 2024
Enerjisa Enerji sustained its contribution to the distribution business line, one of the main fields of activity of the company, of the energy industry in 2024 by an investment over TL 13 billion. This achievement, where the sturdiness of the business model and operational excellence stand out, reinforced the confidence of investors. Bringing together smart grid investments and effective use of technology with its vast experience, Enerjisa Enerji will continue its investments in 2025 to accelerate the energy transformation in Türkiye.
Experiencing an expected fall in the profitability in the electricity retail due to low energy sourcing prices, the company proved its competitive power in the industry by increasing its regulated and free market sales volume by 7% and 32%, respectively.
Breaking records in installed solar power capacity by a raise of 250%
The company achieved a strong performance throughout 2024 in its Customer Solutions business line, in which the company has been operating since 2018 and has become the market leader. Installing solar power plants for its customers, the company raised its gross profit from TL 1.5 billion in 2023 to TL 5,9 billion in 2024 by an increase in its installed solar power thanks to the completed projects. The annual installed capacity of solar power plant projects reached 102,4 MWp by an increase of 250%. As the company with the highest number of fast charging stations in the e-mobility industry, Eşarj, a wholly owned subsidiary of Enerjisa Enerji, continues to grow. With the investments in Eşarj, the number of charge sockets, which was 1,780 in 2023, reached 2.563 by an increase of 44%.
PINAR: “We will sustain our efforts to meet the energy demand of our country and contribute to sustainable development.”
Indicating that they once again proved their commitment to sustainable energy and infrastructure as the driving force of the energy transformation in Türkiye in the private sector, Murat Pınar, CEO at Enerjisa Enerji, stated: “Achievements in our business lines also prove our contribution to energy security and sustainability goals in Türkiye. At Enerjisa Enerji, we maintain our infrastructure investments in the distribution business line at full speed, while we are also leading the industry by expanding our renewable energy investments and energy efficiency projects via our Customer Solutions company with the installed capacity of our solar power plants reaching 102,4 MWp. While the significant progress we achieved in solar energy and e-mobility are a result of our strategic steps in the journey of raising environmental awareness and reducing carbon footprint, these achievements are also of significant importance for Türkiye, where energy is the prominently imported item. We strongly believe that the transformation in energy cannot only be achieved via financial successes, but also by assuming environmental and social responsibilities. Thanks to our agile and innovative approach, we will sustain our efforts to contribute to the energy future of Türkiye and create value for all our stakeholders. In the future, we will sustain our efforts to meet the energy demand of our country and contribute to sustainable development. We are committed to work for A Better Future for All as the company of not only the present, but also the future.”
ULBRICH: “We will continue to create a unique value for our investors with our sustainable growth goal and competitive dividend commitment.”
Underlining that accurate initiatives and investments should be encouraged in the energy industry, as the industry is the keystone of decarbonization journey in Türkiye, Philipp Ulbrich, CFO at Enerjisa Enerji, stated: “2024 was a significant year in terms of our financial performance. We increased our operating income on in real terms by 6% on an annual basis, and reached TL 41,2 billion, thus achieving a growth over inflation. Moreover, we experienced an improvement of TL 2,4 billion on an annual basis in our cash flow with the mitigations in the retail tariff burden. In the meantime, we achieved a strong growth in our customer solutions business line. On the other hand, despite the burdens due to the increasing financing expenses and inflation accounting, thanks to our business model protected against inflation and our operations running uninterrupted as planned, we achieved our 2024 financial goals and fulfilled our responsibility for our investors. We even offered a dividend of TL 2,87 to meet the expectations of our investors. With our strong financial structure surviving this high inflation and interest rate environment, we will continue to create a unique value for our investors with our sustainable growth strategy and competitive dividend commitment in the following periods.”
Kaynak: (BYZHA) Beyaz Haber Ajansı
