Verbund Ag Ord (OEZVF) Q2 2024 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.125 Ladies and gentlemen, welcome to the conference call on the half-year results 2024 of 00:00:05.125 -- 00:00:06.810 Fabuntage. 00:00:06.810 -- 00:00:11.859 I'm Vassilios, the chorus call operator. I would like to remind you that all participants 00:00:11.859 -- 00:00:15.564 will be in listen-only mode and the conference has been recorded. 00:00:15.564 -- 00:00:19.128 The presentation will be followed by question and answer session. 00:00:19.128 -- 00:00:24.175 You can register for questions at any time by pressing star and one on your telephone. 00:00:24.175 -- 00:00:27.680 For operator assistance, please press star and zero. 00:00:27.680 -- 00:00:32.346 The conference must not be recorded for publication or broadcast. 00:00:32.346 -- 00:00:36.171 At this time, it's my pleasure to hand over to Peter Coleman. 00:00:36.171 -- 00:00:38.651 Please go ahead. 00:00:38.708 -- 00:00:43.973 Thank you very much. Ladies and gentlemen, let me welcome you to the 00:00:43.973 -- 00:00:46.775 presentation of Forbund for the first half year 24. 00:00:46.775 -- 00:00:51.320 And let me thank you for joining today's conference call. 00:00:51.320 -- 00:00:57.405 I'm here with Andreas Wollan, our head of finance and investor relations. 00:00:57.405 -- 00:01:00.348 After a record year in 23, 00:01:00.348 -- 00:01:05.473 Forbund started the financial year 24 as a strong, resilient 00:01:05.473 -- 00:01:12.060 and well-positioned company. But as you know, the energy environment remains highly uncertain. 00:01:12.060 -- 00:01:17.368 In particular, the most important value driver for Fagund, the wholesale power price, 00:01:17.368 -- 00:01:19.928 is highly volatile. 00:01:21.914 -- 00:01:26.962 We have an increase in the second quarter 00:01:26.962 -- 00:01:...