E.ON SE (EONGY) Q2 2025 Earnings Call

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WEBVTT 00:00:00.908 -- 00:00:06.837 Good morning, everyone, and welcome to our H1 2025 results call. 00:00:06.837 -- 00:00:12.004 I am here with Leo and Nadja, who will present our half-year results. 00:00:12.004 -- 00:00:16.651 As with every occasion, we will leave enough room at the end for your questions. 00:00:16.651 -- 00:00:19.815 With that, I hand immediately over to you, Leo. 00:00:19.815 -- 00:00:23.040 Thank you, Iris. Warm welcome to all of you also from my side. 00:00:23.040 -- 00:00:24.522 Today 00:00:24.522 -- 00:00:30.090 is a special reporting day. It coincides with E.ON's 25th 00:00:30.090 -- 00:00:35.353 anniversary. We are really proud how we have successfully repositioned 00:00:35.353 -- 00:00:40.362 E.ON over the last years. We are a completely different company from 00:00:40.362 -- 00:00:43.567 what we have been 25 years ago or even 10 years ago. 00:00:43.567 -- 00:00:48.857 And as a result, we can credibly claim that we are the playmakers 00:00:48.857 -- 00:00:53.948 of the energy transition. But that said, we are not making a 00:00:53.948 -- 00:00:59.697 big fuss around this birthday because what truly matters, what truly matters to you 00:00:59.697 -- 00:01:04.805 is not the past but what we deliver now and in the future. 00:01:04.805 -- 00:01:09.733 And therefore, let me get straight to my three key messages for today. 00:01:09.733 -- 00:01:11.135 First, 00:01:11.135 -- 00:01:13.059 during H125, 00:01:13.059 -- 00:01:18.118 we deliver both operationally and financially and we 00:01:18.118 -- 00:01:23.127 remain fully on track for our full year guidance. 00:01:23.127 -- 00:01:28.596 Second, we are in a crucial phase of the process for the upcoming fifth regulatory 00:01:28.596 -- 00:01:33.845 period for power in Germany. And while we acknowle...