Iberdrola Sa S/Adr (IBDRY) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.043 Buenos dias, señoras y señores. Good morning, ladies and gentlemen. 00:00:04.043 -- 00:00:08.937 First, we would like to extend a warm welcome to all of you who have joined us today 00:00:08.937 -- 00:00:13.497 for our 2026 first quarter results presentation. 00:00:13.497 -- 00:00:17.962 As is customary, we will follow the traditional structure of our events. 00:00:17.962 -- 00:00:21.386 We are going to begin with an overview of the results and the key developments during 00:00:21.386 -- 00:00:26.491 the period. The presentation and the Q&A will be delivered by the top executive 00:00:26.491 -- 00:00:30.736 team joining us today, Mr. Ignacio Galán, Executive Chairman, Mr. 00:00:30.736 -- 00:00:35.702 Pedro Zagra, CEO, and finally, Mr. Pepe Sainz, CFO. 00:00:35.702 -- 00:00:39.805 After the presentation, we'll move on to the Q&A session. 00:00:39.805 -- 00:00:44.791 I would like to remind you that we will only be taking questions submitted through our 00:00:44.791 -- 00:00:51.437 website. Please send your question exclusively via www.iberdola.com. 00:00:52.641 -- 00:00:57.727 Finally, we expect that today's event to last no more than 60 minutes. 00:00:57.727 -- 00:01:02.954 Should any question remain unanswered, the IR team will, as always, remain fully at 00:01:02.954 -- 00:01:07.361 your disposal. We hope that this presentation will be useful and informative for all 00:01:07.361 -- 00:01:11.950 of you. Now, without further ado, I would like to hand the floor over to Mr. 00:01:11.950 -- 00:01:15.536 Ignacio Galán. Thank you once again. Please, Mr. 00:01:15.536 -- 00:01:16.598 Galán. 00:01:16.598 -- 00:01:20.746 Thank you, Ignacio. Good morning, everyone, and thank you very much for joining today's 00:01:20.746 -- 00:01:25.906 confe...