Iren SpA (OTCPK:IRDEF)

$ 1.8525 0 (0%) Market Cap: 2.68 Bil Enterprise Value: 2.88 Bil PE Ratio: 9.83 PB Ratio: 0.80 GF Score: 75/100

Q2 2023 Iren SpA Earnings Call Transcript

Jul 27, 2023 / 02:00PM GMT

Release Date Price: $2.13

Transcript

Operator

Hello, and welcome to the Iren H1 2023 Results Presentation Conference Call. (Operator Instructions)

I will now hand you over to your host, Mr. Giulio Domma, Head of Investor Relations, to begin today's conference. Thank you.

Giulio Domma

Iren SpA - IR Professional

Yes. Welcome, and good afternoon, everybody, and thanks for joining Year-end Conference Call on First Half '23 results. We will start with the presentation, which will be given by our Chairman, Mr. Dal Fabbro; and our CFO, Ms. Anna Tanganelli. The question-and-answer section will then follow.

Now I leave the floor to Mr. Dal Fabbro. Luca, go ahead, please.

Luca Dal Fabbro

Iren SpA - Chairman of Board

Thank you, Giulio. Good afternoon, everyone. Well, we start from Page #2. You can see in the 5 clusters of the slide, the key highlights of the first half. So first, the EBITDA was 8% up, thanks to a full recovery of customers' portfolio value along with stronger hydroelectric volumes. Two, the organic growth supported by the robust

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