Grupo Energia Bogota SA ESP (BOG:GEB)
COP 2,960 +70 (+2.42%) Market Cap: 27.18 Tn Enterprise Value: 45.23 Tn PE Ratio: 9.38 PB Ratio: 1.53 GF Score: 84/100

Q1 2025 Grupo Energia Bogota SA ESP Earnings Call Transcript

May 14, 2025 / 02:00PM GMT
Release Date Price: COP2885 (-0.69%)
Operator

Ladies and gentlemen, thank you for standing by. I'd like to welcome you to Grupo Energia Bogota's first-quarter 2025 results conference call on May 14, 2025. (Operator Instructions)

So without further ado, I would now like to pass the line to Mr. Juan Ricardo Ortega, the CEO. Please go ahead, sir.

Juan Ricardo Ortega Lopez
Grupo Energia Bogota SA ESP - President

Good morning, everyone. Thank you for joining us. During this first quarter, we recorded positive results that reflect the group's sound operational performance. We generated COP2 trillion in revenue and COP2.3 trillion in adjusted EBITDA and a controlled net income of COP0.9 trillion. The adjusted EBITDA for the first quarter reflects year-over-year growth across most of our operating segments, except for TGI, our transport gas company in Colombia.

Its performance has continued to be impacted by the delays in the approval of the tariff framework by a resolution of CREG, the regulatory agency. Additionally, dividends declared by our affiliates companies increased by 14.3% compared

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