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Endesa, S.A. (ELEZF) CEO José Bogas on Q1 2020 Results - Earnings Call Transcript

May 04, 2020 6:51 PM ETEndesa, S.A. (ELEZF), ELEZY
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Endesa, S.A. (OTCPK:ELEZF) Q1 2020 Earnings Conference Call May 4, 2020 12:00 PM ET

Company Participants

Mar Martinez - Head of Investor Relations

José Bogas - Chief Executive Officer

Luca Passa - Chief Financial Officer

Conference Call Participants


Mar Martinez

Good afternoon, ladies and gentlemen and a warm welcome to all of you who have joined us to our 2020 First Quarter Results Presentation. We hope that you and your families are all safe and well during this global pandemic.

The presentation will be hosted as always by our CEO, José Bogas; and the CFO, Luca Passa. Following the presentation, we will move on to the Q&A session. In light of the exceptional circumstances and aiming at being efficient in the way we answer all the questions received, we ask those connected to send questions only via e-mail at ir@endesa.es.

Thank you for your attention. And now, I would like to hand over to José Bogas.

José Bogas

Thank you, Mar and good afternoon to everybody. The next three slides are dedicated -- and now I am in slide number 2, has dedicated to how Endesa has reacted to the COVID crisis so far and how the company will handle the following phases in the months to come.

Today Endesa has around 6,700 employees working remotely, which is 75% of our global workforce. Thanks to our investment effort in digitalization that allowed us not only to protect the health of our employees but also to ensure business continuity. I would like to take this opportunity to thanks them for their professionalism, which -- with which they have dealt with this difficult situation.

In order to ensure the safety of not only our employees, but also that of our external suppliers, Endesa has optimized the work scheduling, increasing personal protective equipment use and

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