Endesa, S.A. (OTCPK:ELEZF) Q1 2025 Earnings Conference Call May 7, 2025 4:00 AM ET
Company Participants
Mar Martinez – Head-Investor Relations
José Bogas – Chief Executive Officer
Marco Palermo – Chief Financial Officer
Conference Call Participants
Pedro Alves – CaixaBank
Alberto Gandolfi – Goldman Sachs
Manuel Palomo – BNP Paribas
Javier Garrido – JPMorgan
Jose Ruiz – Barclays
Peter Bisztyga – Bank of America
Jorge Guimaraes – JB Capital
Jorge Alonso – Bernstein
Rob Pulleyn – Morgan Stanley
Mar Martinez
Good morning to all the people connected today. Welcome to the First Quarter 2025 Results Presentation, which will be hosted by Endesa’s CEO, José Bogas; and the CFO, Marco Palermo. Following the presentation, we will have the usual Q&A session open to those connected on the call and on the web.
Thank you. And now let me hand over to José Bogas.
José Bogas
Thank you, Mar, and good morning, everybody. First of all, in relation to the events of last week, allow me to thank all the Endesa workforce who from the different positions work tirelessly to recover the electricity supply in record time. The blackout is still under investigation by the Spanish government, and it is the system operator who is responsible for guaranteeing the continuity and security of the electricity supply. From the very beginning, we have been working closely with the TSO to identify the causes of the power outage and to implement the appropriate measures.
Now, let’s continue with the highlights of the period. In this first quarter, we recorded a solid financial performance across all businesses, as we will further comment on. This is – this in a market context set by growing geopolitical instability, which contributed to further intensifying volatility across global market and put significant upward pressure on commodity prices.
On the
Credit: Source link
