ESB profits fall by 10% due to impact of Storm Éowyn

ESB profits fall by 10% due to impact of Storm Éowyn

The ESB Group has reported lower profits after tax for last year due to the "unprecedented impact" of Storm Éowyn.

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Storm Éowyn reduces ESB profits by €70m

ESB Group made a profit of €636m after tax in 2025, a year-on-year decline of €70m that the company blamed on the unprecedented impact of Storm Éowyn last January. The group incurred additional operating costs of €95m in reconnecting customers and remediating damage to networks infrastructure from the storm. It also saw regulated revenue reductions in its NIE Networks business as a result, but when adjusting for those factors, underlying financi…