HelleniQ Energy (OTC: $HLPMF) delivered solid full-year results for FY 2025. The company reported adjusted net profit of $593 million, marking a 25% increase from the previous year. This performance came amid resilient refining margins and operational improvements, even as the broader energy sector navigated fluctuating oil prices and transition pressures.
The results show the firm’s ability to capitalize on favorable market conditions while advancing its diversification into greener energy sources.
Key Financial Highlights for Full Year 2025
The adjusted net profit figure of €503m($593m) reflects strong underlying operations after excluding certain one-time or non-operating items. This 25% year-over-year growth demonstrates improved profitability driven by higher refining margins and efficient performance across segments.
While full-year revenue details were not explicitly detailed in the headline release, earlier quarterly reports showed revenue trends influenced by lower crude prices but supported by record sales volumes in refining and marketing. For context, the group achieved record refined product sales in the third quarter alone at 4.3 million metric tons, with strong exports contributing significantly.
Adjusted EBITDA for the first nine months reached €766 million, up slightly from the prior year despite some quarterly variations. This metric underscores the strength in core refining, supply, trading, and marketing activities. The company also consolidated its green utility business (formerly ELPEDISON, rebranded as Enerwave) fully from mid-2025, adding positive contributions from power generation and renewables.
Reported net income figures varied due to inventory valuation effects from falling crude prices and other adjustments, but the adjusted measures painted a clearer picture of operational success.
Dividend and Shareholder Returns
The Board approved an interim dividend of €0.20 per share based on the strong 9M results and a positive full-year outlook. This payout reflects confidence in cash generation and commitment to returning value to shareholders.
The company has maintained an attractive dividend policy in recent years, targeting 35-50% of adjusted earnings. With a forward dividend yield of around 4-5% based on recent share prices near €9, HelleniQ Energy continues to offer solid income appeal in the energy space. Ex-dividend dates and payments were scheduled accordingly in early 2026.

Operational and Strategic Drivers
Performance was supported by several factors. Benchmark refining margins strengthened significantly in parts of the year, driven by tighter diesel supply-demand balances and high refinery availability. International sales benefited from regional opportunities in the Mediterranean and Southeast Europe, where supply chain issues created export advantages.
The group ramped up its green utility segment, with renewables projects under construction targeting 1 GW in advanced development and a path to 1.5 GW by 2028. The full consolidation of Enerwave enhanced contributions from power and gas activities.
Exploration efforts progressed, including preferred bidder status for offshore blocks in joint ventures with major players like Chevron and ExxonMobil. These steps align with the company’s strategy to balance traditional downstream operations with growth in renewables and sustainable energy.
Management highlighted resilient market conditions, including lower natural gas and electricity costs, and a favorable EUR/USD environment that aided competitiveness.
Market Context and Outlook
HelleniQ Energy operates in a dynamic sector facing energy transition challenges, but its focus on operational efficiency and diversification positions it well. The stock has shown stability, trading around €9 with a market cap in the €2.7-2.8 billion range as of late February 2026.
The 25% profit growth signals continued momentum from strong refining and marketing, even if some quarters faced headwinds like inventory devaluations. With resilient margins expected to persist and investments in renewables accelerating, the company aims for sustained profitability and growth.
Investors view these results positively as evidence of execution in a volatile industry. If refining conditions remain supportive and green initiatives deliver, HelleniQ Energy could see further upside in earnings and shareholder value.
Click Here for Updates on HLPMF – It’s 100% FREE to Sign Up for Text Message Notifications!
Disclaimer: This website provides information about cryptocurrency and stock market investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for educational and informational purposes only. The owner of this website is not a registered investment advisor and does not offer investment advice. You, the reader / viewer, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment. Please read our Full Disclaimer: https://dexwirenews.com/disclaimer/
