Q3 2022 ERG SpA Earnings Call Transcript
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the ERG Third Quarter 2022 Results Conference Call. (Operator Instructions).
At this time, I would like to turn the conference over to Mr. Paolo Merli, CEO of ERG. Please go ahead, sir.
Good afternoon, everybody, and welcome to our webcast for the third quarter results. Here with me is Michele, our CFO, who will take you through the results in more detail after my opening remarks. Let me start summarizing the key figures over the period. I'm on Page #4. Numbers here, I remind you, are based on continuing operations, excluding hydro and CCGT from the scope. In a nutshell, I'd say, again, a solid set of results in the third quarter, mainly driven by the larger installed capacity. But now let me focus on the 9 months. Later, Michele will dive deeper into the third quarter.
We posted an EBITDA of EUR 411 million, up 62% year-on-year, mainly as a result of the larger contribution from recently acquired
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