Iren SpA (LTS:0MUN)

€ 1.9635 0.0025 (0.13%) Market Cap: 2.53 Bil Enterprise Value: 2.77 Bil PE Ratio: 9.32 PB Ratio: 0.88 GF Score: 79/100

Q1 2019 Iren SpA Earnings Call Transcript

May 13, 2019 / 03:30PM GMT

Release Date Price: €2.09 (+1.80%)

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Iren Group First Quarter 2019 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the call over to Mr. Massimiliano Bianco, CEO of Iren Group. Please go ahead, sir.

Vito Massimiliano Bianco

Iren SpA - CEO & Director

Thank you. Good afternoon, everybody, and thank you for attending the presentation of Iren's first quarter results.

Starting from Page 2, I want to highlight the growth drivers that have characterized this quarter. In particular, the good results achieved in the networks and waste are attributable to the development of the strategic pillar, while the energy and market business unit have been affected in different ways by the energy scenario.

As far as the EBITDA is concerned, the increase in operating results have benefited from the energy scenario, which has had positive effect on the generation business, partially offset by negative effects on the supply. In more detail, the

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