EDP S A ADR (EDPFY) Q1 2025 Earnings Call Transcript

EDP S A ADR (OTCPK:EDPFY) Q1 2025 Earnings Conference Call May 9, 2025 3:30 AM ET

Company Participants

Miguel Viana – Head of Investor Relations
Miguel Stilwell de Andrade – Chief Executive Officer
Rui Teixeira – Chief Financial Officer

Conference Call Participants

Peter Löscher – CaixaBank
Javier Garrido – JPMorgan
Alberto Gandolfi – Goldman Sachs
Olly Jeffery – Deutsche Bank
Jorge Guimarães – JB Capital
Arthur Sitbon – Morgan Stanley
Gonzalo Bordona – UBS
Jorge Alonso – Bernstein

Operator

Good morning. We welcome you to the EDP First Quarter 2025 Results Presentation Conference Call. [Operator Instructions]

I now hand the conference over to Mr. Miguel Viana, Head of IR and ESG. Please go ahead, sir.

Miguel Viana

Good morning, ladies and gentlemen. Thanks for attending EDP’s First Quarter 2025 Results Conference Call. We have today with us our CEO, Miguel Stilwell de Andrade; and our CFO, Rui Teixeira, which will present to you the main highlights of our strategy execution and the first quarter 2025 financial performance. We’ll then move to the Q&A session in which we’ll be taking your questions both by phone or written questions that you can insert from now onwards at our webcast platform.

I’ll give now the floor to our CEO, Miguel Stilwell de Andrade.

Miguel Stilwell de Andrade

Thank you, Miguel, and hello, everyone. Thank you for attending our first quarter results conference call. So I’d like to start for those of you that weren’t able to listen to yesterday’s call from EDP Renewables, to start with a brief remark on the unprecedented blackout of last week in Iberia. I think the first thing to note is while it’s yet to be fully explained and we don’t know the root cause, it’s really important to recognize how both countries were able to fully restore power and safety to the population. And I want