Global Dominion's profits fall by 70% after its divestment in the Dominican Republic

Dominion posted net attributable profit of €6.1 million in the first nine months of the year, 70% lower than the same period in 2024, when it posted net profit of €20.1 million.

The company explained that this result includes the impact of the -16 million euro write-down on the Dominican Republic's photovoltaic assets , following the divestment completed in July of this year.

This adjustment, primarily due to the depreciation of the US dollar , does not represent a cash outflow "or a real operational impact" and was already anticipated in the second quarter, the company has specified, adding that it will continue to be reflected in results until the end of the year, according to Europa Press.

Excluding this effect, Dominion's net profit between January and September would be €22.1 million, representing a 40% increase compared to the same period in 2024.

Dominion's revenue stood at €800.1 million at the end of September, down 7% but up 9% at constant currency, "well above the targets set in the company's strategic plan."

"Dominion is therefore growing in comparable terms , despite having carried out significant divestments during the last fiscal year, which have reduced its turnover by more than 110 million euros," the company emphasized.

On the other hand, Dominion's gross operating profit ( EBITDA ) totaled €106.5 million between January and September, 1% less than the same period in 2024, although 6% more in organic terms (without the impact of divestments).

"Dominion closed the first nine months of 2025 with solid operating performance and historically high margins, in line with the records achieved in the first half of 2025," the company emphasized.

The company continues to make progress in executing its 2023-2026 strategic plan , "consolidating its transformation toward a more recurrent, efficient, and simplified model," in a global context marked by geopolitical uncertainty and currency volatility.