Full Year 2018 Acciona SA Earnings Call Transcript
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Very good. Good morning, ladies and gentlemen, and thank you for attending this full year results presentation for 2018.
You will see that there is a reduced representation of company management in this particular table, but we've attempted to shorten up our presentation and leave more time for Q&A. However, top management of the company is sitting in the first row here. So any questions can be addressed to them or I will convey to, when appropriate, to the appropriate executive.
I am pleased to report today a good set of results and a successful year that has not been exempt of some challenges. But let me start first with a review of the financial targets we set out at the beginning of last year and how we have met or exceeded most of them.
In terms of EBITDA on a like-for-like basis, we have reached the high end of our projections with 9.2% growth, while the reported growth figure was flat as a result of the '17 and -- 2017 and 2018 asset sales.
As for working capital
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