Verbund Ag Ord (OEZVF) Q1 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.798 Ladies and gentlemen, welcome to the conference call on the Quarter 1, 2024 00:00:05.798 -- 00:00:11.365 results of Fairbairn AG. I am Vassilios, the course call operator. 00:00:11.365 -- 00:00:16.151 I would like to remind you that all participants will be in listen-only mode when the 00:00:16.151 -- 00:00:21.197 conference is being recorded. I would like to remind you the presentation 00:00:21.197 -- 00:00:26.384 will be followed by a Q&A session. You can register for questions at any time by pressing 00:00:26.384 -- 00:00:31.360 star and 1 on your telephone. For operator assistance, 00:00:31.360 -- 00:00:37.849 please press star and zero. The conference must not be recorded for publication 00:00:37.849 -- 00:00:43.077 or broadcast. At this time, it's my pleasure to hand over to Peter Coleman. 00:00:43.077 -- 00:00:45.678 Please go ahead. 00:00:47.583 -- 00:00:53.051 Thank you very much. Ladies and gentlemen, let me welcome you to 00:00:53.051 -- 00:00:56.562 the presentation of a boom for the first quarter 24. 00:00:56.562 -- 00:01:00.185 And let me thank you for joining today's conference call. 00:01:00.185 -- 00:01:05.169 Before we move into the analysis of the business development of Forbund, let me make 00:01:05.169 -- 00:01:07.892 a few general comments. 00:01:07.892 -- 00:01:14.336 Forbund can look back on an extremely successful year 23 00:01:14.778 -- 00:01:20.042 with the best results in the company's history and is starting the year 24 00:01:20.042 -- 00:01:22.965 as a strong, resilient, 00:01:22.965 -- 00:01:28.131 and well-positioned company. However, The energy industry value drivers relevant 00:01:28.131 -- 00:01:33.239 to Verbund's earnings have deteriorated compared to the 00:01:33.239 -- 00:01:36.445 highs of 22...