Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) Q3 2024 Earnings Conference Call November 11, 2024 9:00 AM ET
Company Participants
Solange Barthe - Investor Relations Manager
German Ranftl - Chief Financial Officer
Solange Barthe
On behalf of Edenor, we would like to thank everybody for participating in this conference call to discuss the results of the Third Quarter ended September 30, 2024. We will also highlight important recent development advances in our efforts to strengthen our position as an energy leader.
If you would like to receive our early release or presentation, you can download them easily from the Investor Relations section of our website located at www.edenor.com, or contact our Investor Relations team to request the document. This event is being reported. After the company's remarks are completed there will be a question-and-answer session for which you may submit questions through the webcast chat.
Before proceeding, let me mention that forward-looking statements are based on the belief and assumption of Edenor's management and on information currently available to the company. They involve risks, uncertainties and assumptions because they relate to future events, and therefore depend on circumstances that may or may not occur in the future.
Investors should understand that general economic conditions, industry conditions and other operational factors could also affect the future results of Edenor and could cause results to differ materially from those expressed in such forward-looking statements.
Now, let me pass the call to German Ranftl, our CFO who will guide us through the presentation.
German Ranftl
Thank you Solange. Good morning and welcome to everyone. Your presence here is very important to us and we hope to provide you with a good understanding of Edenor performance
during the third quarter of 2024.
Agenda highlights regulatory framework, financial results, operating indicators, financial debt, and final remarks. Relevant events, before moving to the discussions of our performance, financial performance for the third quarter, I would like to share with you the video that we just received the award of the [AECOM] (ph) as part of our energy efficiency campaign. The AECOM awards are the first Argentine recognition honoring the work of communicators, communication specialists, public relations professionals, journalists, and other organizers.
Additionally, I would like to take a few moments to highlight some important recent developments. Results from the third quarter and the first nine months of the year reflected an impact of the transition tariff increase and operations and financial improvements. EBITDA, for the first nine months, resulted in a profit of ARS134.3 billion as part of the result of the tariff re-composition that was implemented in the period.