Enel SpA (OTCPK:ENLAY)
$ 7.12 -0.05 (-0.7%) Market Cap: 72.30 Bil Enterprise Value: 151.73 Bil PE Ratio: 13.91 PB Ratio: 1.99 GF Score: 74/100

Q1 2019 Enel SpA Earnings Call Transcript

May 08, 2019 / 04:00PM GMT
Release Date Price: $6.26 (+1.29%)
Monica Girardi
Enel SpA - Head of Group IR

Good evening, ladies and gentlemen, I'm Monica Girardi, head of group Investor Relations. Welcome to our First Quarter 2019 Results Presentation, which will be hosted by our CFO, Alberto de Paoli. In this presentation, Alberto will walk you through the highlights of the quarter as well as the operational and financial performance. Following the presentation, we will have the usual Q&A session, open to those connected both on the call and on the web. Before we start, let me remind you that media is listening to both the presentation and the Q&A session. Thank you, again, and now let me hand over to Alberto.

Alberto de Paoli
Enel SpA - CFO

Thank you, Monica. Good evening to you all. Let me start with the highlight of the period. I'm on Page 1. In the first quarter of 2019, ordinary EBITDA increased by 14%. And net income by 11%, supported by the ongoing delivery of our strategic plans. Overall investments increased by around 36% in line with planned targets, driven by developing CapEx, which reached EUR 1.2

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