Q4 2024 Scatec ASA Earnings Call Transcript

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Jan 31, 2025

Jan 31, 2025 / 08:00AM GMT
Terje Pilskog - Scatec ASA - Chief Executive Officer

Good morning, and welcome to our fourth quarter presentation. Today, we will take you through another strong quarter for Scatec. And I will also quickly reflect on 2024.

We leave a year of strong progress and profitable growth behind. The fourth quarter has also been eventful, and I'm pleased to say that we have delivered strong financial results. We have achieved important growth milestones, increasing our backlog and our pipeline, and we have continued to optimize our portfolio through divestments and refinancing of our projects, mainly in the Philippines. All of this enabling us to continue to progress on our self-funded growth plan. I will start by taking you through some of the highlights, both of the quarter and 2024, and then Hans Jakob will take you through the financials.

So 2024 has been a year of significant progress in implementing our strategy. We are building a solid foundation for further profitable growth, and I'm really proud of the achievements of our team during the year.

First of all, our total

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