ERG SpA (MIL:ERG)
€ 20.2 0.39 (1.97%) Market Cap: 2.96 Bil Enterprise Value: 5.09 Bil PE Ratio: 12.64 PB Ratio: 1.45 GF Score: 74/100

Q1 2023 ERG SpA Earnings Call Transcript

May 12, 2023 / 09:00AM GMT
Release Date Price: €27.36 (-0.44%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the ERG First Quarter 2023 Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Paolo Merli, Chief Executive Officer of ERG. Please go ahead, sir.

Paolo Luigi Merli
ERG S.p.A. - CEO & Director

Good morning, everyone, and welcome to our first quarter results presentation. Here with me, as usual, is our CFO, Michele Pedemonte, who will run you through our business performance over the period in more detail later on.

So let's get started with the overview of results. I'm on Page #4, in line with last year's numbers are based on continuing operations, excluding CCGT from the scope and figures are presented gross of clawback measures and windfall taxes as those items are accounted for as nonrecurring being extraordinary and temporary measures.

Throughout the presentation, anyway, we will provide detailed disclosure of those measures. In a nutshell, I would say results were solid, once again

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