Celsia Full-Year 2025 Net Income Rises 6.6% Year-on-Year
Medellin-based electric power giant Celsia announced February 24 a full-year 2025 net profit of COP$360 billion (US$97 million), up 6.6% compared to full-year 2024.
Revenues however declined by 20.7% year-on-year, to COP$5.4 trillion (US$1.45 billion), versus COP$6.8 trillion (US$1.8 billion) in 2024.
Earnings before interest, taxes, depreciation and amortization (EBITDA) for full-year 2025 improved by 11.8% year-on-year, to COP$1.66 trillion (US$448 million), according to the company.
“The company’s operational and financial discipline offset a decrease in revenue and expanded its margins compared to 2024, which was affected by the El Niño [drought] phenomenon,” which had cut its hydroelectric power output.
By contrast, the relatively rainy 2025 in Colombia boosted Celsia’s exceptionally profitable hydroelectric plants.
“During 2025, the Colombian energy system returned to hydrological conditions with higher rainfall following the 2024 El Niño phenomenon. This change reduced the need for thermal generation, lowered market prices, and allowed for a more efficient energy mix,” according to Celsia, a division of Medellin conglomerate Grupo Argos.
Efficiency initiatives “coupled with increased water availability, allowed for a reduction in costs to COP$3.78 trillion [US$1.02 billion], 29% less than in 2024. This boosted consolidated EBITDA to COP$1.67 trillion [US$450 million], with a margin of 30.9%, higher than the 21.9% recorded in 2024.”
On a parallel front, “as a result of our debt reduction strategy, the year 2025 ended with consolidated net debt of COP$4.68 trillion [US$1.26 billion] and a net debt-to-EBITDA ratio of 2.8 times,” according to the company.
“This debt level reflects a consistent deleveraging trajectory, a process that will continue progressively to reach COP$3.8 trillion [US$1.025 billion] in net debt by 2026,” the company added.
