Naturgy Energy Group SA (STU:GAN)
€ 23.48 0.02 (0.09%) Market Cap: 22.37 Bil Enterprise Value: 34.17 Bil PE Ratio: 11.25 PB Ratio: 2.29 GF Score: 73/100

Nine Months 2019 Naturgy Energy Group SA Earnings Call Transcript

Oct 30, 2019 / 11:00AM GMT
Release Date Price: €23.8 (+0.76%)
Operator

Good morning, everyone, and welcome to our results presentation for the 9 months of 2019. The results will be presented by our Capital Market Director, Steven Fernández; together with our Controlling Director, Jon Ganuza; and our CFO, Carlos Javier. At the end of the presentation, as always, we will open it up for live Q&A. And with further addition, I will hand it over to Steven for key highlights.

Steven FernÃ;ndez
Naturgy Energy Group, S.A. - Director of Capital Markets

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Thank you (inaudible) Hi. Good morning, everyone. We're going to start off the presentation that you've received and you should have seen as well in our website and the (inaudible) starting with the key highlights on Page 4. Now you've seen that the first 9 months of the year have been marked by quite relevant headwinds and a challenging energy scenario. But despite this, the business has demonstrated remarkable resilience and has achieved ordinary growth of 5% versus last year.

Now the results have been supported by regulatory stability during the period, in

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