Marco Porro
Host / Investor Relations
Replay available
A2A Spa Ord (OTC: AEMMF) Q1 2025 earnings conference call, held 2025-05-13. Replay captured from the company's public earnings webcast.

Host / Investor Relations
Chief Executive Officer
Chief Financial Officer
Analyst at Mediobanca
Analyst at Bank Atlas
Analyst at Capriccio Gold
Analyst at Intesa San Paolo
Hello, and welcome to A2A's Q1 2025 Results Conference. My name is George, and I'll be coordinating for today's event. Please note, this conference is being recorded, and for the duration of the call, your lines will be in listen-only mode. However, towards the end of the presentation, you'll be able to ask questions, and this can be done by pressing star 1 on your telephone keypad to register for questions. If you require assistance at any point, please press star 0, and you will be connected to an operator. And I kind of call the origin host today, Mr. Marco Porro, having this relationship with you at this conference. Please go ahead, sir. Good afternoon, everyone. Thank you for taking the time to participate to our first quarter results call. Today, as usual, the presentation will be driven and commented by our CEO, Renato Mazzoncini, and the CFO, Luca Moroni. I immediately leave the floor to Renato for the first comments. Okay, thanks, Marco. Good afternoon, everyone. Thanks to be here with us. Let's say it was not a trivial quarter considering the geopolitical situation, but we are happy with the results. And so I start from slide number two. As usual, we would like to begin by highlighting the achievements we have reached in this quarter, and in particular is a quarter that confirms our commitment to the pillars of our strategic plan with a renewed focus on our organization, we see, and an expansion of our regulated activities perimeter. The news in these slides is the new business unit circular economy that I remember is the integration of our waste cycle, district heating and water. It aims to fully leverage the existing integration advantages among these three businesses that are in our pillar circular economy. And so this organizational change, I remember t...