Naturgy Energy Group, S.A. (GASNF) Q4 2023 Earnings Call Transcript

Naturgy Energy Group, S.A. (OTCPK:GASNF) Q4 2023 Earnings Conference Call February 27, 2024 5:00 AM ET

Company Participants

Abel Arbat - Head-Investor Relations
Steven Fernandez - Head, Financial Markets
Francisco Reynes - Executive Chairman & Chief Executive Officer
Rita Ruiz de Alda - Head, Control
Manuel García Cobaleda - General Counsel

Conference Call Participants

Abel Arbat

Good morning, everyone. This is Abel Arbat speaking from the Capital Markets team at Naturgy. Thank you for joining our call for the Full Year 2023 Results. Next to me is sitting our Executive Chairman, Mr. Francisco Reynes; the General Counsel to the Board, Manuel Garcia Cobaleda; Head of Financial Markets, Mr. Steven Fernandez; and the Head of Control, Ms. Rita Ruiz de Alda.

We're going to run over the presentation first. And at the end we will be addressing questions from analysts and investors. Note please that at this time questions shall be submitted through the webcast platform in written form, please.

Before we dive into the presentation, just a quick note on the minor changes we have introduced in the composition of operating segments, namely, the integration of the former International LNG Markets & Procurement and Pipelines segments in a new segment named Energy Management as you will see in the presentation.

Also the split of Renewables Spain and USA into two different segments as well as the split of the gas and electricity segments in Argentina. And finally, the introduction of a holding unit for each Networks and Markets reflecting general expenses allocated to each of the groups.

So with that covered I'm handing it over to Steven to start off on the presentation.

Steven Fernandez

Thank you, Abel and good morning, everyone. I'm going to take you directly slide number 4, where you'll find a summary of the main areas that we'll be covering