Naturgy Energy Group S A (GASNF) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. This is Abel Herbat speaking from the Capital Markets Team at Naturgy. Thank you for joining our call for the full year 2023 results. Next to me sits our Executive Chairman, Mr. Francisco Reynes, the General Counsel to the Board, Manuel Arcea-Cobaleda, Head of Financial Markets, Mr. Steven Fernandez, and the Head of Control. Please meet us . We're going to run over the presentation first. And at the end, we will be addressing questions from analysts and investors. Note, please, that at this time, questions shall be submitted through the webcast platform in written form, please. Before we dive into the presentation, just a big note on the minor changes we have introduced in the composition of operating segments, namely, The integration of the former international energy markets and pipelines segments in a new segment named energy management, as you will see in the presentation. Also, the speed of renewables in Spain and USA into two different segments, as well as the speed of the gas and electricity segments in Argentina. And finally, the introduction of a holding unit for each networks and markets, reflecting general expenses allocated to each of the groups. So, with that covered, I'm handing it over to Steven to start off on the presentation. So, thank you. Thank you, Abel, and good morning, everyone. I'm going to take you directly to slide number four. where you'll find a summary of the main areas that we'll be covering in the coming pages, basically laid out in three key scenarios. So, first, what's happened from a global perspective, that is what we call the scenario. Second, the key highlights for year 2023. Finally, some of the elements that we'd like to also point regarding the solid results that we've published for this year. In terms ...