Ownership

Ellomay Capital (ELLO) reported Dorad Energy’s Q3‑2025 interim results. Through its 50% stake in Ellomay Luzon Energy, Ellomay holds ~16.9% of Dorad. The company generated ₪ 919.1 million in revenue and ₪ 205.8 million operating profit, driven by summer demand and the TAOZ tariff, thus not representative of full‑year performance. Operating cash flow was ₪ 554.8 million, while financing activities used ₪ 218.9 million. The unaudited figures were not reviewed by Ellomay’s auditors. Key risks include seasonality, CPI‑linked interest costs and regulatory changes.