Better pricing environment, increased installed capacity and high combined cycle production will maintain Naturgy’s trend
Renta 4 | Naturgy (NTGY) will publish its 9M25 results on Wednesday, 29 October 2025, before the market opens, with a conference call at 11:30 a.m. Target price €26.10 and underweight recommendation. G A good performance is expected for 9M figures, which should continue the trend seen in the first half of the year (9M24 figures pending publication). The improved pricing environment favours the energy management business, with a possible…




