Q1 2023 Iren SpA Earnings Call Transcript

May 11, 2023 / 01:00PM GMT
Operator

Thank you for standing by, and welcome to Iren's First Quarter 2023 Results Conference Call. (Operator Instructions) And finally, I would like to advise all participants that this call is being recorded. Thank you.

I'd now like to welcome Giulio Domma, Head of Investor Relations, to begin the conference. Giulio, over to you.

Giulio Domma - Iren SpA - IR Professional

Thanks, and hello, everybody, and thanks for attending our conference call on the first quarter results. I'm here with our CEO, Mr. Gianni Armani; and our CFO, Ms. Anna Tanganelli. And as usual, they will give us first the presentation, and then we'll have the room for the Q&A section. Gianni, please go ahead.

Gianni Vittorio Armani - Iren SpA - CEO, GM & Director

Thank you, Giulio. Good afternoon to everybody. Starting on Page 2, I would like to highlight what has happened in the first 3 months of 2023. First of all, EBITDA growth is in line with our guidance and with our budget. The recovery in Market BU profitability was partially

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