• ERG management, led by CEO Paolo Merli and CFO Michele Pedemonte, discussed 1Q 2026 results in a May 15 webcast.
• EBITDA rose 16% to EUR 167 million; adjusted net profit increased 24% to EUR 61 million; net financial position stood near EUR 1.8 billion.
• Guidance maintained: EBITDA EUR 520-590 million; capex EUR 330-380 million; year-end net financial position EUR 1.95-2.05 billion.
• UK EBITDA reached EUR 25 million, about three times year-ago; US EBITDA hit by roughly EUR 6 million from weather-driven outages, congestion, weaker pricing.
• CEO attacked Italy’s mid-February energy decree; cited EU conditions that conflict with the measure; expects the rule’s impact to be curtailed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ERG S.p.A. published the original content used to generate this news brief on May 27, 2026, and is solely responsible for the information contained therein.