EDN interim results: Net income ARS 131,004M and detailed equity breakdown

Rhea-AI Filing Summary

Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) reported condensed interim financial statements for the period ended June 30, 2025, showing a profit attributable to shareholders of ARS 131,004 million. Other comprehensive income was zero, so total comprehensive income equals net profit at ARS 131,004 million.

The company reported total equity of ARS 1,865,591 million. Key equity components include an Adjustment to Capital of ARS 872,932 million, a Discretionary reserve of ARS 850,110 million, Additional paid-in capital of ARS 11,888 million, and an acquisition cost of own shares of ARS (70,036) million. Share capital totals show three classes: Class A (51.00%), Class B (48.82%) and Class C (0.18%), with Class B listed on the NYSE and BYMA.

Insights

Financial Analyst

TL;DR: Report shows a meaningful net profit and substantial equity base, with no other comprehensive losses reported.

The interim statements disclose a net profit attributable to shareholders of ARS 131,004 million and total equity of ARS 1,865,591 million. Other comprehensive income is reported as 0, so total comprehensive income equals net profit. The equity composition highlights large capital adjustments and reserves: Adjustment to Capital ARS 872,932M and Discretionary reserve ARS 850,110M. A notable acquisition cost of own shares ARS (70,036)M reduces equity. These figures are material within the filing but the report contains no forward guidance or comparative prior-period amounts to assess trends.

Corporate Governance Expert

TL;DR: Ownership and capital structure disclosures are clear; majority control and treasury holdings are explicitly stated.

The filing discloses share class composition and major holders: Class A represents 51.00% (Empresa de Energía del Cono Sur S.A.), Class B 48.82% (listed on NYSE and BYMA), and Class C 0.18% held by Banco de la Nación Argentina as trustee. The filing notes 242,999,553 shares held by the Sustainability Guarantee Fund (ANSES-FGS) and 30,772,779 treasury shares within Class B as of the period end. The company states it has no convertible debt or stock option plans. These governance facts are relevant to shareholders assessing control and potential dilution, and they are presented directly in the filing.

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, 2025 

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-             .)

 

City of Buenos Aires, August 8, 2025

Messrs.

BOLSAS Y MERCADOS ARGENTINOS

Messrs.

NATIONAL SECURITIES COMMISSION

Issuers Division

Dear Sirs,

In compliance with the provisions of section 63 of the Listing Regulations of Bolsas y Mercados Argentinos S.A. (“BYMA”), I hereby inform you that at the Board of Directors meeting held today, the following documents were approved: Condensed Interim Financial Statements, Statement of Financial Position, Statement of Comprehensive Income, Statement of Changes in Equity, Statement of Cash Flows, Notes to the Financial Statements and Informative Summary of Empresa Distribuidora y Comercializadora Norte S.A. (the “Company”), relating to the period ended June 30, 2025.

The results (stated in millions of ARS) are as follow:

Profit for the period
Attributable to the Company’s shareholders	Income	131,004

Other comprehensive income for the period
Attributable to the Company’s shareholders		0

Total comprehensive income for the period
Attributable to the Company’s shareholders	Income	131,004

The breakdown of Equity (stated in millions of ARS) is as follows:

Detail of Equity
Share Capital – Nominal Value (1)	906
Share Capital – Adjustment to Capital (2)	872,932
Additional paid-in capital	11,888
Acquisition cost of the Company’s own shares	(70,036)
Statutory reserve	74,865
Discretionary reserve	850,110
Other comprehensive loss	(6,078)
Retained earnings	131,004
Total attributable to the Company’s shareholders	1,865,591
Total Equity	1,865,591

(1) Includes 31 relating to treasury shares.

(2) Includes 18,277 relating to treasury shares.

 

The breakdown of the Company’s share capital is as follows:

Class of shares	Number of shares	% on Share Capital	Main shareholder
A	462,292,111	51.00%	Empresa de Energía del Cono Sur S.A., domiciled at 1252 Maipú St., 12th Floor, of the City of Buenos Aires
B	442,566,330(3) (4)	48.82%
C	1,596,659	0.18%	Banco de la Nación Argentina, in its capacity as trustee of Edenor’s Employee Stock Ownership Program Residual Trust

_________________________________

(3) The class “B” shares are currently listed on the New York Stock Exchange (through American Depositary Shares –“ADSs”) and on BYMA.

(4) Includes 242,999,553 shares held by the Sustainability Guarantee Fund (Fondo de Garantía de Sustentabilidad) (ANSES-FGS Law 26,425) and 30,772,779 treasury shares as of June 30, 2025.

The Company does not have debt securities convertible into shares, nor there exist stock options of the Company’s shares.

Yours sincerely,

_________________

Empresa Distribuidora y Comercializadora Norte S.A.

Lucila Ramallo

Officer in charge of Market Relations

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 8, 2025

FAQ

What net income did Edenor (EDN) report for the period ended June 30, 2025?

Edenor reported a profit attributable to shareholders of ARS 131,004 million for the period.

What is Edenor's total equity as disclosed in the Form 6-K?

Total equity is reported as ARS 1,865,591 million.

Are Edenor's Class B shares listed on U.S. exchanges?

Yes. The filing states Class B shares are currently listed on the New York Stock Exchange (through ADSs) and on BYMA.

Does Edenor report any convertible securities or stock option plans?

No. The company states it does not have debt securities convertible into shares and there are no stock option plans.

Who is the majority shareholder of Edenor and what is the ownership split?

Class A shareholders (Empresa de Energía del Cono Sur S.A.) hold 51.00%; Class B holds 48.82%; Class C holds 0.18%.