OEZVF - Verbund AG (OEZVF) on Q1 2022 Results - Earnings Call Transcript

Verbund AG (OEZVF) Q1 2022 Earnings Conference Call May 12, 2022, 05:30 ET Company Participants Peter Kollmann - CFO Andreas Wollein - Head, Group Finance & IR Conference Call Participants Wanda Serwinowska - Crédit Suisse Lueder Schumacher - Societe Generale Piotr Dzieciolowski - Citigroup Petr Bartek - Erste Group Martin Tessier - Stifel, Nicolaus & Company Presentation Peter Kollmann Ladies and gentlemen, let me welcome you to our presentation for the first quarter, and let me thank you for joining today's conference call. Before we move into the analysis of our business development, let me make a few general comments. As early as '21, as you know, there was a massive increase in primary energy prices on the international procurement markets. This development was exacerbated by the outbreak of the war in Ukraine and the tight supply and low storage levels in Europe and high demand were particularly noticeable in

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Verbund AG (OEZVF) on Q1 2022 Results - Earnings Call Transcript