Engie Sa Ord (ENGQF) Q1 2026 Earnings Call

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WEBVTT 00:00:01.820 -- 00:00:06.767 Thank you for holding, and welcome to Engie's first quarter 2026 financial information 00:00:06.767 -- 00:00:08.429 presentation. 00:00:08.429 -- 00:00:11.032 For your information, this call is being recorded. 00:00:11.032 -- 00:00:15.138 It will take place in a listen-only mode, and you'll have the opportunity to ask questions 00:00:15.138 -- 00:00:19.985 after the presentation. Anyone who wishes to ask a question may press star and one on 00:00:19.985 -- 00:00:24.290 their touchtone telephone. To remove yourself from the question queue, please press star 00:00:24.290 -- 00:00:29.838 and two. I will now hand you over to Mr. Alcindier, head of investor relations. 00:00:29.838 -- 00:00:32.060 Please go ahead, madam. 00:00:32.060 -- 00:00:37.565 Thank you, and good morning, everyone. It's my pleasure to welcome you to Engie's Q1 00:00:37.565 -- 00:00:42.269 conference call. Shortly, Catherine and Pierre-Francois will present our first quarter 00:00:42.269 -- 00:00:46.593 performance, following which we will open the lines to Q&A. 00:00:46.593 -- 00:00:51.278 And with my polite request of limiting your questions to one or two only, please. 00:00:51.278 -- 00:00:54.539 And with that, over to Catherine. 00:00:55.381 -- 00:00:58.364 Thank you, Delphine, and good morning, everyone. 00:00:58.364 -- 00:01:01.861 Engie has started 2026. 00:01:01.861 -- 00:01:05.828 as it ended 2025, in 00:01:05.828 -- 00:01:11.057 fast-forward mode, especially as we have just 00:01:11.057 -- 00:01:16.426 closed an hour ago the acquisition of UK power 00:01:16.426 -- 00:01:21.435 networks, which is allowing us to transform our scale in the 00:01:21.435 -- 00:01:25.570 critical and growing power grid sector. 00:01:25.570 -- 00:01:30.995 We have also entered in...