Half Year 2021 Endesa SA Earnings Call Transcript

Jul 27, 2021 / 08:00AM GMT
Mar Martinez - Endesa, S.A. - Head of IR

Good morning, ladies and gentlemen, and a warm welcome to the First Half 2021 Results Presentation, which will be hosted, as always, by our CEO, José Bogas; and the CFO, Luca Passa. (Operator Instructions) Thank you, and now let me hand over to José Bogas.

Jose Damian Bogas Galvez - Endesa, S.A. - CEO & Executive Director

Thank you, Mar, and many thanks to our audience for being able to join us today. We sincerely hope that you and your families are in good health.

Let's start with the main highlights of the period. The first half 2021 has proven to be a complex and evolving period, in which we managed to achieve an EBITDA of EUR 1.9 billion. We remain confident that the context and the economic conditions will improve in the second half of the year, where we expect a more positive performance based on managerial action put into effect.

On the regulatory front, the European Commission has recently adopted its package of legislative proposal, Fit for 55 packet, that gives continuity to the

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