Hi partner 👋
Let’s break down Evolutions Q3 earnings report 👇
Headline Numbers
Net revenue: €507m, down 2.4% YoY (First top-line decline in years).
EBITDA: €337m, margin 66.4% (down from 68.5%).
Profit: €252m, down 23%, EPS €1.25 (vs €1.57).
Live revenue: €431.7m, down 3.4%.
RNG revenue: €75.5m, up 4.2%.
Regulated revenue share: 46%, up from 39%.
FCF conversi…