Naturgy Energy Group S A (GASNF) Q3 2025 Earnings Call

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WEBVTT 00:00:01.550 -- 00:00:06.497 Good morning, everyone. This is Abel Arbat speaking from the Capital Markets Team at 00:00:06.497 -- 00:00:07.939 Naturgy, 00:00:07.939 -- 00:00:13.286 and we thank you for joining our results call for the first nine months of 2025. 00:00:13.286 -- 00:00:14.929 Next 00:00:14.929 -- 00:00:18.994 to me sits the Head of Financial Markets and Corporate Development, Mr. 00:00:18.994 -- 00:00:24.041 Stephen Fernandez, and the Head of Control and Energy Planning, Mrs. 00:00:24.041 -- 00:00:29.561 Rita Ruiz de Alda. As usual, we will begin with the presentation 00:00:29.561 -- 00:00:34.868 and leave Q&A for the end. Please submit your questions 00:00:34.868 -- 00:00:38.612 in written form through the webcast platform 00:00:38.612 -- 00:00:43.999 during the presentation, and we will address those at the end of the presentation. 00:00:43.999 -- 00:00:49.045 So without further ado, I'm going to hand it over to Stephen to 00:00:49.045 -- 00:00:52.326 start off on the presentation. 00:00:52.589 -- 00:00:55.685 Thank you, Abel, and good morning, everyone. 00:00:55.685 -- 00:00:59.890 As you have seen this morning, this presentation is basically divided into three main 00:00:59.890 -- 00:01:04.136 sections that we're going to go through. Firstly, we're going to review the results for 00:01:04.136 -- 00:01:08.321 the first nine months of the year. Then we're going to give you a little update on the 00:01:08.321 -- 00:01:12.907 reestablishment of the company's free float following recent moves. 00:01:12.907 -- 00:01:16.972 And finally, we're going to give you some glimpses into the outlook for the remainder 00:01:16.972 -- 00:01:20.434 of the year 2025. 00:01:21.257 -- 00:01:26.254 If we move over to the results, the key highlights that we'd like t...