AES said full-year 2024 net income was $698 million, compared to a net loss of $182 million in 2023. Net income attributable to The AES Corporation was $1,686 million and diluted EPS was $2.37, the company said.

1. 01

   AES said full-year 2024 net income was $698 million, compared to a net loss of $182 million in 2023. Net income attributable to The AES Corporation was $1,686 million and diluted EPS was $2.37, the company said.

2. 02

   AES said 2024 adjusted EBITDA was $2,639 million, a decrease of $189 million compared to 2023. The company cited record-breaking drought conditions and outages in Colombia at the Renewables SBU and lower margins at the Energy Infrastructure SBU as factors for the decrease.

3. 03

   AES said it initiated 2025 adjusted EBITDA guidance of $2,650 to $2,850 million and adjusted EPS guidance of $2.10 to $2.26. Adjusted EBITDA with Tax Attributes was guided to $3,950 to $4,350 million, the company said.

4. 04

   AES said operating cash flow for 2024 was $2,752 million. Capital expenditures for the same period were $7,392 million, and cash, cash equivalents and restricted cash at year-end were $2,039 million, the company said.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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