Naturgy Energy Group, S.A. (GASNY) Q3 2026 Earnings Call October 29, 2026 6:30 AM EDT
Company Participants
Abel Arbat – Head of Investor Relations
Francisco Reynés Massanet – CEO & Executive Chairman
Steven Fernández – Financial Markets & Corporate Development Manager
Rita de Alda Iparraguirre – Planning & Control Manager
Manuel García Cobaleda – Secretary of the Company and the Board
Conference Call Participants
Javier Garrido – JPMorgan Chase & Co, Research Division
Alberto Gandolfi – Goldman Sachs Group, Inc., Research Division
Arthur Sitbon – Morgan Stanley, Research Division
Pedro Alves – Caixa Banco BPI., Research Division
Javier Suarez Hernandez – Mediobanca – Banca di credito finanziario S.p.A., Research Division
Jorge Alonso Suils – Bernstein Institutional Services LLC, Research Division
Presentation
Abel Arbat
Head of Investor Relations
Good morning, and welcome to Naturgy’s 9 Months 2026 Results Presentation. Presenting today are our Executive Chairman, Francisco Reynes; the General Counsel to the Board, Manuel Garcia Cobaleda; the Global Head of Financial Markets and Corporate Development, Steven Fernandez; and the Global Head of Control and Energy Planning, Rita Ruiz de Alda.
We will go over the presentation first and then open the floor to questions. [Operator Instructions] In any case, at the end of the presentation, the operator will remind you of the mechanics for the live Q&A section.
With that, I hand it over to the chairman.
Francisco Reynés Massanet
CEO & Executive Chairman
Good morning, everyone. Thank you for joining Naturgy’s conference of today. Before the team starts, I would like to take a moment to acknowledge yesterday’s terrible accident in Toledo. Many lives were lost, many people were injured, and countless families woke up this morning to unimaginable grief.
On behalf of all of us, I want to extend our deepest condolences to the victims and to their loved ones, and our gratitude to the emergency teams who worked











