Endesa SA (WBO:ELE)
€ 38.94 +0.16 (+0.41%) Market Cap: 39.89 Bil Enterprise Value: 50.45 Bil PE Ratio: 17.33 PB Ratio: 4.69 GF Score: 51/100

Q1 2026 Endesa SA Earnings Call Transcript

May 06, 2026 / 04:00PM GMT
Release Date Price: €37.36 (-0.74%)
Maria Lacasa Marquina
Endesa SA - General Manager - Communication

Hello. Good evening, everyone. Today's first-quarter 2026 results presentation will be led by our newly appointed CEO, Gianni Armani, whom we warmly welcome today, together with the CFO, Marco Palermo. Before we start, let me remind you that after the presentation, we will have the usual Q&A session.

Thank you. And now let me hand over to Mr. Armani.

Gianni Vittorio Armani
Endesa SA - Chief Executive Officer, Executive Director

Thank you very much, Mar, for your kind welcome. I have only recently taken up the role of CEO, and I would like to ask you the indulgence for a brief settling in period. For this reason, during the Q&A session, we'll take a slightly secondary role, giving the floor to our CEO -- CFO that will answer to all your questions professionally. Thank you very much for the understanding.

The quarter delivered solid financial results with EBITDA growing 14% and net income rising 24%. The performance was primarily driven by the distribution business,

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