REN-Redes Energeticas Nacionais Sgps SA (FRA:RN4)
€ 2.28 0.01 (0.44%) Market Cap: 1.52 Bil Enterprise Value: 4.05 Bil PE Ratio: 11.43 PB Ratio: 1.02 GF Score: 84/100

Q3 2024 REN Redes Energeticas Nacionais SGPS S A Earnings Call Transcript

Nov 15, 2024 / 09:00AM GMT
Release Date Price: €2.37 (+2.16%)
GonÃ;alo Morais Soares;Redes EnergÃ;ticas Nacionais
REN â;SGPS, SA - CFO & Executive Director

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Well, good morning to you all and welcome to REN's nine months 2024 results conference call. As usual, I'm here joined by Rodrigo, the CEO; and João, the COO. Madalena is still on maternity leave. So I'm still here with (inaudible) who's filling her shoes for the next couple of months also.

So let me start going over the presentation. This has been, I'd say, a good in the fact that it's very well inside our expectations a good quarter but not very eventful. So if you want to go to slide number 4 with the key messages, we can go over them.

So we have EBITDA coming down a little bit below 2% versus last year. This is slightly better than the first six months and it's probably more or less in line with what we expect for the full year. No major news. So the main trends in what you were seeing in the first six months, this is what you are seeing here and is mainly also impacted by some positive nonrecurrence that we have both

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