ENLAY - Enel SpA (ENLAY) Q4 2023 Earnings Call Transcript
2024-03-21 17:16:02 ET
Enel SpA (ENLAY)
Q4 2023 Earnings Conference Call
March 21, 2024 13:00 ET
Company Participants
Monica Girardi - Investor Relations
Flavio Cattaneo - Chief Executive Officer
Stefano De Angelis - Chief Financial Officer
Presentation
Operator
Good day and thank you for standing by. Welcome to the Enel Full Year 2023 Results Conference Call. [Operator Instructions] I would now like to hand the conference over to your first speaker today, Monica Girardi. Please go ahead.
Monica Girardi
Thank you. Good evening to all the people connected. Welcome to the full year 2023 results presentation, which will be hosted by Enel CEO, Flavio Cattaneo; and the CFO, Stefano De Angelis. Following the presentation, we will have the usual Q&A session. We ask those connected to the webcast to send questions only via e-mail at investor.relations@enel.com. Before we start, let me remind you that media is listening to both the presentation and the Q&A. Thank you. And now, let me hand over to the CEO.
Flavio Cattaneo
Sorry, I started, but the phone – thank you. Thank you. Sorry for this delay. Thank you, Monica. And welcome to everybody. Group delivery in 2023 was strong. All the targets revised upwards in November ‘23 were met. Financials are up, double digit year-on-year, and we recorded an outstanding improvement of cash generation with FFO up more than 60%. The positive evolution of regulatory frameworks that I will delay later confirms the potential value creation of our capital allocation and provide support to the ‘24-’26 plan delivery....
Enel SpA (ENLAY) Q4 2023 Earnings Call Transcript