Miguel Viana
Head of IR and ESG
Replay available
Edp Sa S/Adr (OTC: EDPFY) Q2 2025 earnings conference call, held 2025-07-31. Replay captured from the company's public earnings webcast.

Head of IR and ESG
Chief Executive Officer
Chief Financial Officer
Analyst, CaixaBank
Analyst, Morgan Stanley
Analyst, Goldman Sachs
Analyst, Deutsche Bank
Analyst, Red Run
Analyst, Jefferies
Good morning. We welcome you to the EDP first half 2025 results presentation conference call. During the presentation, all participants will be in a listening-only mode. There will be an opportunity to ask questions after the presentation. If you wish to ask a question during the Q&A session, you may do so by pressing the star key followed by 5 on your telephone keypad. If you're experiencing any difficulty in listening to the conference at any time, please make sure you have your headset fully plugged in, or alternatively, please try calling from a different device. I now hand the conference over to Mr. Miguel Viana, head of IR and ESG. Please go ahead, sir. Good morning, ladies and gentlemen. Thank you for attending EDP's first of 25 results conference call. We have today with us our CEO, Miguel Spudunrad, and our CFO, Lete Scherer, which will present you the main highlights of our strategy execution and financial performance in the first half of 2025. We'll then move to the Q&A session, in which we'll be taking your questions both by phone or written questions that you can insert from now onwards at our webcast platform. I'll give now the floor to our CEO, Mikhail Sturlanderad. Thank you, Miguel. Hello, everyone. Thank you for attending our first half results conference call. I just say we had a strong and solid set of of results here in the first half. And I think this is setting us up well for the full year, which is why we also have a slight provision of the guidance upwards. And so if we go into slides, into the first slide, and I can do a quick recap basically of our first half. First, underlying net profit increased by 27% year on year, reaching 752 million. So that shows, I think, the value of the integrated business in Iberia. And we'll go more into depth ...