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Origin Energy Profit Beats Estimates on EV Uptake

Bloomberg Markets •
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Origin Energy Ltd. announced its full‑year profit for 2025, beating analyst expectations as the Australian electric‑vehicle (EV) and home‑battery markets accelerated.

Underlying profit fell 22% from a year earlier to A$1.16B, while net income rose 6.3% to A$1.57B, reflecting higher wholesale prices and reduced operating costs.

The company cited rapid EV adoption and growing demand for residential battery storage as key drivers, bolstering its retail and wholesale electricity businesses across Australia.

Despite the decline in underlying profit, the earnings beat signals resilience in the energy sector, suggesting that continued investment in clean‑energy infrastructure could offset commodity headwinds and support future growth.

Analysts noted that Origin's diversified portfolio, including gas generation and renewable assets, provided a buffer against volatile fuel prices. The company also announced plans to expand its battery storage offerings, aiming to capture a larger share of the emerging residential market.