Q1 2024 Endesa SA Earnings Call Transcript
Hello, good morning, everybody, and welcome to the first quarter 2024 results presentation, which as always will be hosted by our CEO, Jose Bogas and the CFO, Marco Palermo. Following the presentation, we will have the usual Q&A session open to those connected on the call and on the web.
Thank you and now let me hand over to Jose Bogas.
Okay. Thank you, Mar, and welcome to everybody. This first quarter of the year was characterized by a return to normality of the extraordinary evolution of the last year's first quarter excellent results in thermal generation and gas businesses. Therefore, we can confirm that the figures that we will break down hereafter have closely matched the forecast we projected at the last Capital Markets Day.
Market context during the period was marked by the drastic reduction of fuel price levels attained through the quarter due to the effective combination of an outstanding increase in renewable output
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