Enerjisa Energy continued its stable growth in the first quarter of the year

Enerjisa Enerji, one of Turkey’s leading electricity distribution, retail sales, and customer solutions companies, achieved significant operational and financial growth in the first quarter of 2024. Enerjisa Enerji’s inflation-adjusted operational earnings increased from 6.5 billion TL in the first quarter of 2023 to 9.4 billion TL in the same period of 2024, demonstrating a stable growth trend. The company emphasized its role in Turkey’s energy transformation by investing 1.3 billion TL in energy infrastructure. CEO Murat Pınar highlighted the company’s commitment to infrastructure investments and superior customer services, stating, ‘Our focus on network investments and competitive retail services enables us to maintain our leadership in Turkey’s energy sector. We aim to accelerate renewable energy and efficiency practices to reduce energy import dependence. Our solar energy capacity has reached nearly 55 MWp, and our e-mobility subsidiary Eşarj has doubled last year’s figures by expanding the number of sockets to approximately 2,000.’ Pınar also expressed the company’s commitment to being a company that wins people’s hearts with the vision of ‘A Better Future for Everyone’ and gratitude to investors for their continuous support. CFO Dr. Philipp Ulbrich emphasized the company’s resilience and desire to provide a safer, cleaner, and better energy future despite challenging macroeconomic conditions. Ulbrich stated, ‘In the first quarter, we maintained strong financial and operational performance across all segments. This growth reflects the recovery from the negative impacts of the earthquake on our revenues.’ Ulbrich reiterated the company’s commitment to strong investments and shareholder returns, concluding, ‘In May 2024, we paid a gross dividend of 2.79 TL per share for the 2023 financial year. We will continue to focus on providing attractive returns for our shareholders with our dividend strategy. Therefore, aiming for an updated dividend commitment for 2024, we continue to pursue our strong financial goals with a payment ratio of at least 80% of our inflation-adjusted net profit for 2024. The company remains a prominent investment opportunity due to our focus on sustainable energy and strong operational performance.’