Abel Arbat
Head of Investor Relations
Good morning, everyone, and thank you for joining Naturgy’s first half 2026 results presentation. I hope you’re well. This is Abel Arbat speaking from the Capital Markets team at Naturgy. Presenting today are our Executive Chairman, Francisco Reynes; the General Counsel to the Board, Manuel Cobaleda; the Global Head of Financial Markets and Corporate Development, Mr. Steven Fernandez; and the Global Head of Control and Energy Planning, Ms. Rita Ruiz de Alda.
As usual, we will run through the presentation first and then open the floor to questions. Before we get into it, there is a small change in how we manage the Q&A session. From today, we will have the opportunity to ask live questions through the conference call, while we also maintain the possibility to submit the questions in written form if you prefer, okay?
A reminder that the questions should be only given by equity analysts and investors. So at the end of the presentation, the operator will remind you of the mechanics to ask your questions live via the conference call, okay? So
 Q2 2026 Earnings Call Transcript){kind=link}