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Galp Energia, SGPS, S.A (GLPEF) CEO Andy Brown on Q1 2022 Results - Earnings Call Transcript

May 03, 2022 3:58 PM ETGalp Energia, SGPS, S.A. (GLPEF), GLPEY
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Galp Energia, SGPS, S.A (OTCPK:GLPEF) Q1 2022 Earnings Conference Call May 3, 2022 6:30 AM ET

Company Participants

Otelo Ruivo - Head of IR

Andy Brown - Vice Chairman of the Board and CEO

Filipe Crisóstomo Silva - CFO and Executive Director

Thore Ernst Kristiansen - COO of Production and Operations and Executive Director

Georgios Papadimitriou - COO Renewables and New Business

Teresa Abecasis - Executive Director and COO Commercial

Conference Call Participants

Oswald Clint - Bernstein

Joshua Stone - Barclays

Sasikanth Chilukuru - Morgan Stanley

Michele Della Vigna - Goldman Sachs

Alessandro Pozzi - Mediobanca

Biraj Borkhataria - RBC

Ignacio Domenech - JB Capital

Matt Lofting - J.P. Morgan

Raphael Dubois - Societe Generale

Otelo Ruivo

Good morning and thank you for joining us today on Galp's First Quarter 2022 Results Presentation. Today, Andy will provide an overview of our quarterly performance and key strategic developments. Then, Filipe will take us through the quarter financial results. At the end, we are happy to take your questions, where Filipe and Andy will be joined by the remaining members of the Executive Committee. If you want to participate, please follow the operator's instructions at the end of the call.

As usual, I would like to remind you that we will be making forward-looking statements that refers to estimates and actual results may differ to factors included on the cautionary statement at the beginning of our presentation, which we advise you to read.

I would now hand over to Andy.

Andy Brown

Thank you, Otelo, and good morning, everyone. Welcome to the Galp's Q1 results call. It's now just over a year since I started as CEO. What a year it's been. A year that's been unprecedented in our industry. And this quarter Galp delivered strong operational performance and a good set of results.

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