Enagas forecasts lower 2026 profit following previous year asset sale boost

Spanish grid operator Enagas expects net profit to drop to 235 million euros this year. The decline follows a strong 2025 driven by one-off asset sales.

Insights:
Spanish grid operator Enagas announced today, February 17, 2026, that it expects to achieve a net profit of 235 million euros for the 2026 fiscal year, down from the 266.3 million euros reported in 2025. The company’s financial guidance also projects an EBITDA of 620 million euros for 2026, compared to the 675.7 million euros recorded in the previous year.
A view of Enagas' tanks at Zona Franca in Barcelona, Spain, January 29, 2024. REUTERS/Albert Gea
A view of Enagas' tanks at Zona Franca in Barcelona, Spain, January 29, 2024. REUTERS/Albert Gea
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