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Origin Energy Boosts Profits Amid Strategic Energy Transition Push
8:27am on Monday 2nd of June, 2025 AEST
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Energy
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Origin Energy Boosts Profits Amid Strategic Energy Transition Push
8:27am on Monday 2nd of June, 2025 AEST
Key Points
Statutory profit increased to $1,017 million, underlying profit up 24% to $924 million
APLNG earnings rose 14% with higher prices and volumes; LNG trading EBITDA surged 270%
Energy Markets EBITDA declined but remains within guidance; cost reduction initiatives on track
Octopus Energy expanded UK retail base and Kraken platform nearing 100 million accounts
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