Half Year 2023 Endesa SA Earnings Call Transcript
Good morning ladies and gentlemen. Welcome to the first half 2023 results presentation, which 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.
Thank you, Mar, and good morning, everybody. Let's start with the highlight of the period. During the second quarter, we have seen a gradual softening of the macro scenario in Europe with inflation showing some kind of moderation despite which some rate hikes are still not throughout out.
Energy market had been characterized by falling gas prices that have resulted in a big relief in power prices, easing the need of further regulatory measures. In this context, we have recorded a strong operating and financial performance that give us good visibility to meet 2023 target.
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