Enel Spa Unsp/Adr (ENLAY) Q2 2026 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.131 -- 00:00:03.812 Good evening to all the people connected. 00:00:03.812 -- 00:00:08.653 Welcome to the first half 26 result presentation. 00:00:08.713 -- 00:00:14.335 NLCO Flavio Cattaneo will open with the key highlights and our CFO 00:00:14.335 -- 00:00:20.636 Stefano De Angelis will present the economic and financial result of the period. 00:00:20.976 -- 00:00:26.059 We ask those connected to the webcast to send questions only via 00:00:26.059 -- 00:00:29.520 email at investor.relations.nl.com 00:00:32.344 -- 00:00:37.447 Before we start, let me remind you that media is listening both to 00:00:37.447 -- 00:00:40.609 the presentation and the Q&A session. 00:00:40.609 -- 00:00:45.192 Thank you. And now let me hand over to the CEO. 00:00:45.192 -- 00:00:48.826 Thank you, Omar. Welcome, everybody. 00:00:48.826 -- 00:00:54.250 Over the past months, we have continued to deliver on the strategy presented 00:00:54.250 -- 00:01:00.414 at the Capital Market Day and our results confirm a steady execution. 00:01:00.414 -- 00:01:01.835 Indeed, 00:01:01.835 -- 00:01:07.177 in the first half, EBITDA and net income increased by 3% year-on-year, 00:01:07.299 -- 00:01:10.321 reaching respectively 11.8 00:01:10.321 -- 00:01:16.690 and 3.9 billion, in line with our expectations. 00:01:16.690 -- 00:01:21.913 In fact, due to the contribution of our activities in Spain and Latin America, 00:01:21.913 -- 00:01:27.216 we have been able to offset the impact of the Italian energy 00:01:27.216 -- 00:01:31.519 decree, as Stefano will detail later on. 00:01:31.519 -- 00:01:36.882 The strategic turnaround has improved the quality and the visibility of our 00:01:36.882 -- 00:01:42.444 earnings, reducing our exposure to market volatility. 00:01:42.605 -- 00:01:44.277 Growth 00:...