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ESB's Profit Drop Due to Storm Eowyn Recovery

Published 5 days, 20 hours ago
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ESB Groups Profit Drops Due to Storm Eowyn: A Summary

ESB Groups profit after tax plummeted by ten percent in 2025, totaling €636 million, down from €706 million in 2024. The storm, Storm Eowyn, which struck Ireland in January 2025, was one of the worst in recent history, causing extensive damage and leading to unplanned costs of €100 million for ESB to reconnect customers and repair damaged networks. The storm hit hardest in remote rural areas along the western seaboard, northwest, and midlands, leaving one million customers without power for up to a week and causing water shortages. Despite the challenges, ESB was able to restore power to most customers.

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