Eurohold increases its revenue by 34% to BGN 1 billion (EUR 511 million) in the first quarter of 2025

Eurohold Bulgaria AD, a leading energy and financial group in Southeast Europe, increased its revenue by nearly 34% year-on-year to approx. BGN 1 billion (EUR 511 million) in the first quarter of 2025, according to the holding's consolidated financial statement for the period.

The operating profit before interest, taxes, depreciation and amortisation (EBITDA) decreased by 10.6% compared to January-March last year to BGN 97.2 million (EUR 49.7 million). The net financial result for the first three months of 2025 is approximately BGN 38 million (EUR 19.4 million) compared to BGN 45 million (EUR 45 million) from the same period a year earlier. The group's assets rose by almost 5% on the year to nearly BGN 2.9 billion (EUR 1.5 billion).

The revenues and operating profit from energy operations, which accumulates a large part of the holding's business, amounted to BGN 797 million (EUR 407.5 million) and BGN 127.8 million (EUR 65.4 million), respectively, up by 39.7% and 1.6% compared to the first quarter year ago. Revenues from insurance activities also grew - by over 13.2% on the year to BGN 133.1 million (EUR 68.1 million). The final financial result in this segment has been negative for the period due to one-off effects and increased expenses. The financial and investment segment of the business, which accounts for a small share of the total results, recorded positive growth in revenue and profit. Eurohold operates in the energy and insurance sectors through Euroins’ and Electrohold’s Group. The group’s financial services and investment intermediation operations are structured in its subsidiary - Euro-Finance.