Earnings release
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voltalia Turnover of 177 million euros in the third quarter 22 Oct 2026 Turnover of 177 million euros in the third quarter supported by a 29 % increase in energy production Capacity objectives reached one quarter ahead of schedule Turnover of 177.4 million euros in the third quarter of 2026 • Energy Sales : strong increase of + 26 % compared with Q3 2025 at constant exchange rates , to 111.5 million euros , driven by the contribution of new capacity , improved resource levels and a significant reduction in curtailment ( -41 % ) • Renvolt : down -21 % at constant exchange rates , to 53.9 million euros , in the third quarter due to the phasing of construction projects . Over nine months , Renvolt nevertheless records solid growth of + 16 % • Voltalia Hub : up + 22 % at constant exchange rates , to 12.1 million euros , supported by growth across all specialised activities Operational capacity and production indicators as of September 30 , 2026 • Energy production up + 11 % to 4.1 terawatt - hours ( including + 29 % in the third quarter ) , with curtailment in Brazil down -32 % over the first nine months . This strong increase in production benefits from the contribution of new power plants , the sharp reduction in curtailment and improved solar and wind resources . Capacity in operation and under construction up + 8 % to 3.6 gigawatts , including 3.0 gigawatts in operation ( + 18 % ) 2026 operational and financial objectives • Capacity objective reached one quarter ahead of schedule : 3 gigawatts of capacity in operation reached as early as September , in addition to 563 megawatts under construction , bringing total capacity in operation and under construction to around 3.6 gigawatts • 2026 EBITDA objective of between 210 and 230 million euros confirmed Continued execution of the SPRING transformation plan • Tighter cost control : continued structural savings and reduction in development costs , thanks to a simplified organisation and stricter project selection • More selective capital allocation : investments and resources focused on the most mature and value - creating projects , notably through strategic partnerships , such as the one with IFC , enabling equity requirements to be shared and capital allocation to be optimised . • Disposal programme¹ : continued processes relating to non - strategic assets and activities , with value preservation and the gradual deleveraging of the Group as priorities • Improved operational performance : production up + 29 % in the third quarter , driven by improved asset availability , lower operating costs and greater selectivity in the projects launched into construction , curtailment down -41 % , and annual capacity in operation objective reached several months ahead of schedule . Voltalia ( Euronext Paris , ISIN code : FR0011995588 ) , an international player in renewable energy , today publishes its turnover for the third quarter of 2026 . Robert Klein , Chief Executive Officer of Voltalia , states : “ Our operational performance improves markedly this quarter , with production up 29 % and our objective of 3 GW of capacity in operation reached one quarter ahead of schedule . As part of SPRING , we are continuing , with discipline , to improve our profitability , our cash flow generation and our capital allocation . We confirm our 2026 EBITDA objective . " Nine - month ( 9M ) and third - quarter ( Q3 ) 2026 turnover In million euros Turnover *** 9M 2026 9M 2025 Var . at current exchange rates 508.7 414.5 + 23 % Var . at constant exchange 2026 rates + 21 % Var . at Var . at Q3 Q3 current constant 2025 exchange exchange rates rates 177.4 163.0 + 9 % + 6 %