Aug 29, 2024 / 08:00AM GMT
Operator
Good morning, ladies and gentlemen, and welcome to EVN's results for the first three quarters of 2023, 2024 financial year. (Operator Instructions) Let me now turn the floor over to Stefan Szyszkowitz.
Stefan Szyszkowitz - EVN AG - Chief Executive Officer
Welcome everybody to EVN's conference call on the results for the first three quarters of this current financial year. The first nine months of our financial year were influenced by mild temperatures in all three markets, and therefore, low energy demand. We are also still observing changes in customer behavior towards a reduction in energy consumption through energy-saving measures, and increasing own generation volumes from customer-operated photovoltaic equipment as well.
Also, prices for electricity and energy carriers stabilized again at substantially lower levels as compared to the historic peaks we have seen in the previous year. Framework conditions for renewable generation were favorable. Wind conditions improved year-on-year, but they're slightly below average. Water flows were above the long
Q3 2024 EVN AG Earnings Call Transcript
Aug 29, 2024
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