Q3 2022 Ignitis Grupe AB Earnings Call Transcript

Nov 22, 2022 / 11:00AM GMT
AinÄRiffel-GrinkeviÄienÄ,Ignitis Group AB-IR

Welcome to the Ignitis Group earnings call for the first nine months of 2022. Today Ignitis Group's CEO, Darius MaikÅ¡tÄnas; and CFO, Jonas RimaviÄiuswill present you the results and business highlights of the group so far this year. Meanwhile, I head of Investor Relations, will moderate a Q&A session, which we will have shortly after the presentation. We encourage you to send any questions you might have. With that Darius MaikÅ¡tÄnas, handing over to you.

Darius Maikšnas - Ignitis Group AB - Chairman & CEO

Good afternoon, everyone, and thank you for joining us today at our results presentation.

I will begin with the highlights of this year so far. 2022 continues to be marked with the strong Green Generation results and ongoing challenges of net working capital. In the first nine months of 2022, our year-over-year adjusted EBITDA grew to EUR357.2 million. The increase was again driven by

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