Naturgy Energy Group S A (GASNF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and thank you for joining our webcast for the full year 2024 results and new strategic plan. 2025 to 2027. The agenda is very simple. We're going to be handling and covering the full year 2024 results first. And after that, we will explain and unveil the details of the new strategic plan. as always we will ask you to submit the questions through the webcast in written form and that will happen after the presentation is over okay so without further ado i will hand it over to steven to start off with the 2024 results All right. Thank you. Thank you very much, Abel. As you've seen in the presentation that we released this morning, we're going to cover a range of topics during today's presentation, starting off with the 2024 results and obviously going to review what the 21-24 strategic plan looked like and the key achievements that the company had. And trust me, we had to be selective because there is quite a few of them. And ending with a view of the 2025-2027 strategic plan together with the financial outlook. So, We ask you for your patience. We'll try to make it as painless as possible and of course leave enough room at the end of the presentation to answer any queries that you may have. When we think about 2024 results, I think it's important to start highlighting the fact that the year has been marked by a very challenging scenario, specifically on the energy side. resulting in lower prices across the board. And you see in the slide that we're introducing here, some of the main references for us. You see that the Brent has gone down, TTF has gone down quite dramatically, electricity prices as well. So across the board, this has been the key theme that we've had to deal with during the course of this year. Despite this challenging backdrop, ...