Edenor (NYSE: EDN) reports ARS 313.7B EBITDA, higher margins and major capex

Rhea-AI Filing Summary

Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) reported a six‑month profit of ARS 157,132 million for the period ended June 30, 2026. The distribution margin showed a 7% increase versus the same period of the prior year, supported by the ongoing Five-year Electricity Rate Review, which has been automatically applied on a monthly basis since its 2025 approval.

EBITDA reached ARS 313,747 million, driven by higher revenue from electricity rate adjustments, cost control and efficiency gains. The company also recorded recognition under the Framework Agreement by the Federal Government and the Province of Buenos Aires. Investments in Q2 2026 totaled ARS 162,904 million, with electricity sales of 11,630 GWh, a customer base of 3.41 million, and energy losses at 15.8% on a rolling 12‑month basis. The company notes that, excluding a 2025 extraordinary agreement effect, EBITDA and results of operations for that year would have risen 94% and 416%, respectively.

Positive

• EBITDA and profitability show strong growth, with EBITDA at ARS 313,747 million and prior-period comparisons indicating 94% EBITDA growth and 416% growth in results of operations excluding an extraordinary 2025 agreement effect.

Negative

• None.

Key Figures

Profit for six-month period: ARS 157,132 million EBITDA: ARS 313,747 million Distribution margin increase: 7% +7 more

10 metrics

Profit for six-month period ARS 157,132 million Profit for the six-month period ended June 30, 2026

EBITDA ARS 313,747 million EBITDA for the six-month period ended June 30, 2026

Distribution margin increase 7% Increase in distribution margin versus same six-month period of previous year

Investments in Q2 2026 ARS 162,904 million Investments during the second quarter of 2026

2025 extraordinary agreement effect ARS 224,654 Recognition of Agreement on Regularization of Payment Obligations in 2025 EBITDA and results

EBITDA growth excluding extraordinary 94% Change in 2025 EBITDA excluding extraordinary agreement effect versus prior period

Results growth excluding extraordinary 416% Change in 2025 results of operations excluding extraordinary agreement effect versus prior period

Electricity sales Q2 2026 11,630 GWh Electricity sales volume in the second quarter of 2026

Customer base 3.41 million Number of customers as of Q2 2026

Energy losses (TAM) 15.8% Rolling 12-Month Rate of energy losses as of June 2026

Key Terms

EBITDA, Five-year Electricity Rate Review, Framework Agreement, Rolling 12-Month Rate (TAM)

4 terms

EBITDA financial

"EDENOR REPORTS EBITDA OF ARS 313,747 MILLION"

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.

Five-year Electricity Rate Review regulatory

"The Five-year Electricity Rate Review has continued to be automatically applied"

Framework Agreement regulatory

"recording of the Framework Agreement’s recognition by both the Federal Government"

A framework agreement is a standing contract that lays out general rules, pricing ranges, and how the parties will work together when they later sign specific orders or projects — like an umbrella that covers future deals without fixing every detail up front. Investors watch these because they make future revenue more predictable, can speed up repeat business, and may signal the scale or stability of upcoming sales, reducing uncertainty about a company’s growth.

Rolling 12-Month Rate (TAM) technical

"Energy losses —measured as a Rolling 12-Month Rate (TAM)— as of June 2026"

FAQ

What profit did Edenor (EDN) report for the first half of 2026?

Edenor reported a profit of ARS 157,132 million for the six-month period ended June 30, 2026. This result reflects improved distribution margin, tighter cost control and efficiencies under the ongoing Five-year Electricity Rate Review framework.

How much EBITDA did Edenor (EDN) generate in this period?

Edenor generated EBITDA of ARS 313,747 million for the six-month period. Management attributes this to higher revenues from electricity rate adjustments, along with operating cost control and efficiency improvements across the distribution and marketing business.

What were Edenor (EDN)’s main investments in Q2 2026?

In the second quarter of 2026, Edenor made investments totaling ARS 162,904 million. The company states these investments demonstrate its commitment to improving service quality and expanding network coverage within its electricity distribution area.

How did Edenor (EDN)’s operating indicators evolve in Q2 2026?

Electricity sales reached 11,630 GWh in Q2 2026 and the customer base was 3.41 million. Energy losses on a rolling 12‑month basis stood at 15.8%, summarizing key operational performance metrics for the distribution network.

What impact did the rate review have on Edenor (EDN)’s results?

The Five-year Electricity Rate Review, applied automatically on a monthly basis since 2025, contributed to higher revenue and a 7% increase in the distribution margin. This framework supported EBITDA growth alongside cost control and efficiency measures.

What extraordinary effects are mentioned in Edenor (EDN)’s figures?

Edenor notes that in 2025 EBITDA and results included ARS 224,654 million from a payment regularization agreement. Excluding this, EBITDA and results of operations for that year would have increased 94% and 416%, respectively, versus the prior period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 6-K: How Foreign Companies Report to the SEC →

Available on EDGAR 08/11/2026 - 06:10 AM Accepted by SEC EDGAR 08/11/2026 - 06:09 AM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of August, 2026

EMPRESA DISTRIBUIDORA Y COMERCIALIZADORA NORTE S.A. (EDENOR)

(DISTRIBUTION AND MARKETING COMPANY OF THE NORTH )

(Translation of Registrant's Name Into English)

Argentina

(Jurisdiction of incorporation or organization)

Av. del Libertador 6363,

12th Floor,

City of Buenos Aires (A1428ARG),

Tel: 54-11-4346-5000

(Address of principal executive offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F  X     Form 40-F 

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes    No  X  

(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .)

 

PRESS RELEASE

EDENOR REPORTS EBITDA OF ARS 313,747 MILLION

KEY OPERATING INDICATORS SHOW IMPROVEMENT

KEY FINANCIAL INDICATORS

* The figures for the six-month period of the previous year have been restated to reflect the changes in the purchasing power of the Argentine peso, in accordance with International Accounting Standard No. 29 and the provisions of General Resolution No. 777/2018 of the National Securities Commission.

** In 2025, EBITDA and the Results of operations for the period include the recognition of the Agreement on the Regularization of Payment Obligations of May 2025 for ARS 224,654. Excluding this extraordinary effect, the changes in EBITDA and the Results of operations for the period would have been 94% and 416%, respectively.

Buenos Aires, August 10, 2026, the Board of Directors of Empresa Distribuidora y Comercializadora Norte S.A. (“Edenor” or the “Company”) approved today its financial statements for the six-month period ended June 30, 2026, which show a profit of ARS 157,132 million.

In this period, compared to the same period of the previous year, the distribution margin reflects an improvement with a 7% increase.

EBITDA stood at ARS 313,747 million, driven by higher revenue recorded due to the electricity rate adjustment, cost control and greater efficiencies.

The Five-year Electricity Rate Review has continued to be automatically applied on a monthly basis since its approval in 2025. Additionally, this six-month period also saw the recording of the Framework Agreement’s recognition by both the Federal Government and the Province of Buenos Aires.

The results of operations for the period amounted to a profit of ARS 157,132 million, also reflecting an optimization of operating costs.

Investments in the second quarter of 2026 amounted to ARS 162,904 million, which demonstrates Edenor’s commitment to improving the quality and expanding the scope of its service.

KEY OPERATING INDICATORS

Electricity sales reached 11,630 GWh in Q2 2026, and the customer base reached 3.41 million.

Energy losses —measured as a Rolling 12-Month Rate (TAM)— as of June 2026 were 15.8%.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Empresa Distribuidora y Comercializadora Norte S.A.
	By:	/s/ Germán Ranftl
		Germán Ranftl
		Chief Financial Officer

Date: August 10, 2026