Enagas Sa (ENGGF) Q4 2025 Earnings Call

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WEBVTT 00:00:01.145 -- 00:00:05.973 Good morning, ladies and gentlemen, and welcome to 00:00:05.973 -- 00:00:09.816 Enagase's earnings presentation for 2025. 00:00:11.002 -- 00:00:14.287 We will also be sharing 2026 targets with you. 00:00:14.287 -- 00:00:20.198 The documents have been filed with the stock exchange authorities at 7.36 this 00:00:20.198 -- 00:00:25.403 morning and are also available on our website at www.enagas.es. 00:00:25.968 -- 00:00:31.056 Arturo Gonzalo, our Chief Executive Officer of Enagas, will be running this call, which 00:00:31.056 -- 00:00:36.326 we expect should take about 20 minutes. And after that, we will open a Q&A 00:00:36.326 -- 00:00:40.794 session in which we will try and answer your questions in as much detail as possible. 00:00:40.794 -- 00:00:44.480 Thank you very much for your attention. I'm going to hand it over to Arturo Gonzales. 00:00:44.480 -- 00:00:46.423 Good 00:00:46.423 -- 00:00:50.811 morning, ladies and gentlemen. Thanks very much for your attention. 00:00:50.811 -- 00:00:54.797 I'd like to welcome you to this earnings presentation, 00:00:54.797 -- 00:01:00.226 in which I am joined by our CFO, Luis Romero, our Board Secretary and CLO, 00:01:00.226 -- 00:01:05.275 Diego Trillo, our Chief Officer for Institutional and Investor Relations and Communications, 00:01:05.275 -- 00:01:10.389 Felisa Martin, our Head of Investor Relations, Cesar Garcia, on our Head 00:01:10.389 -- 00:01:15.412 of Management Control and Business Analysis, Natalia Moragil. 00:01:15.412 -- 00:01:21.038 I'll start my presentation covering the main milestones in the implementation 00:01:21.038 -- 00:01:26.544 of our strategic plan this year and then I will speak about the main highlights 00:01:26.544 -- 00:01:32.210 of our financial results which, ...