Naturgy obtained a net profit of 1,061 million euros in the first nine months of the year, which represents an increase of 36.6% compared to the same period of the previous year, the company reported.

The gross operating result (Ebitda) of the energy company chaired by Francisco Reyn├ęs stood at 3,502 million euros as of September, with an increase of 36.8%, “in an environment of persistent high volatility in the international energy markets and in a time of high regulatory uncertainty,” the company said.

Compared to the same period in 2021, the growth of activities in Spain generated an increase in Ebitda of 407 million, while global activities contributed an additional 535 million.

Naturgy’s results up to September include the retroactive effects of the new purchase price agreement reached with Sonatrach last October, as well as the estimated impact of the decoupling of final gas sales prices from their current TTF-indexed hedges.

The amount of the turnover of the group, which is the main gas company in the country, shot up 85.5% between January and September, to 27,011 million euros, compared to 14,558 million euros in the same period in 2021.

The company’s investments up to September grew by 26% compared to the same period last year, amounting to 1,119 million euros, with networks and renewables representing 80% of total investments.

On the other hand, the board of directors has approved the second interim dividend for 2022 of 0.40 euros per share, payable in cash on November 18, as planned in the group’s 2021-2025 strategic plan.