Uniper Se (UNPRF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Dear ladies and gentlemen, welcome to the Unipo Analyst and Investor Conference Call, First Half Result 2025. At our customer's request, this conference call will be recorded. As a reminder, all participants will be in listen-only mode. After the presentation, there will be an opportunity to ask questions by dialing star 1 on your telephone. We now hand you over to the Executive Vice President, Investor Relations, Sebastian Feitz. who will start the meeting today. Please go ahead. Thank you, operator, and good morning, everyone. I am pleased to welcome you to our results call for the first half of fiscal year 2025. Next to me on today's call are Michael Lewis, our chief executive officer, and Jose Dengas, our chief financial officer. Michael will kick off by giving you an update on our key developments in the first six months of the year 2025, including And Jutta will walk you through our financial performance for the first half year and the outlook for the current year. And as usual, we will wrap up with Q&A session at the end. And now let me hand over to Michael Lewis, please. Thank you, Sebastian, and good morning, everyone, and a very warm welcome from my side. I'm very pleased to share with you our highlights for the first half of the 2025 financial year, and then Jutta will dive into the details of those results. I'm proud to say we've managed to deliver a very solid performance in the first six months of the year, on the back of a weak macroeconomic environment and rising geopolitical tensions. Group-adjusted EBITDA stood at €379 million, and the group-adjusted net income came out at €135 million, both fully in line with our expectations. As anticipated, these figures are below the exceptionally strong results of the prior year period, which still benefited fr...