Enel Chile(ENIC)

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Enel Chile(ENIC) - 2023 Q4 - Annual Report
2024-04-30 14:52
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April, 2024. Commission File Number: 001-37723 ENEL CHILE ANNOUNCES CONSOLIDATED RESULTS FOR THE PERIOD ENDED MARCH 31, 2024 (Amounts expressed in millions of Chilean Pesos – Ch$ million) Enel Chile S.A. (Translation of Registrant's Name into English) Santa Rosa 76 Santiago, Chile (Address of principal e ...
Enel Chile(ENIC) - 2023 Q4 - Earnings Call Transcript
2024-03-01 00:20
Enel Chile S.A. (NYSE:ENIC) Q4 2023 Earnings Conference Call February 29, 2024 12:00 PM ET Company Participants Isabela Klemes - Head, Investor Relations Fabrizio Barderi - Chief Executive Officer Giuseppe Turchiarelli - Chief Financial Officer Conference Call Participants Javier Suarez - Mediobanca Operator Good afternoon, ladies and gentlemen, and welcome to Enel Chile’s Full Year and Fourth Quarter 2023 Results Conference Call. My name is Carmen, and I will be your host for today. [Operator Instructions] ...
Enel Chile(ENIC) - 2023 Q2 - Earnings Call Transcript
2023-07-26 19:11
Enel Chile S.A. (NYSE:ENIC) Q2 2023 Earnings Conference Call July 26, 2023 9:00 AM ET Company Participants Fabrizio Barderi - Chief Executive Officer Conference Call Participants Florencia Mayorga - MetLife Good morning, ladies and gentlemen, and welcome to Enel Chile First Half and Second Quarter 2023 Results Conference Call. My name is Gigi, and I'll be your operator for today. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer s ...
Enel Chile(ENIC) - 2023 Q2 - Earnings Call Presentation
2023-07-26 15:55
Enel Chile - Consolidated results July 26, 2023 | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------- ...
Enel Chile(ENIC) - 2022 Q4 - Annual Report
2023-04-25 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR ...
Enel Chile(ENIC) - 2022 Q4 - Earnings Call Transcript
2023-03-02 03:02
Financial Data and Key Metrics Changes - The adjusted EBITDA for Q4 2022 was $932 million, with a significant increase attributed to a $520 million agreement with Shell and a $169 million rise in PPA sales due to the devaluation of the Chilean peso against the dollar [7][10][38] - The full year 2022 adjusted net income reached $1,470 million, representing an increase of 8.8% compared to the previous year [39] - The net debt-to-EBITDA ratio improved by around 60%, enhancing liquidity and financial stability [26][52] Business Line Data and Key Metrics Changes - The B2C segment secured a tender to replace 2,600 wood stores with air conditioning units, while the B2G segment closed a deal to provide energy solutions for three sports facilities [6] - Hydrogeneration increased by 2 terawatt hours compared to 2021, contributing positively to the overall performance [16] - The company added approximately 0.8 gigawatts of renewable capacity during 2022, reaching 76% of total generation capacity [27] Market Data and Key Metrics Changes - The energy sales increased by 11% in 2022, primarily due to higher sales to regulated customers [57] - The company experienced a recovery in demand, which increased by 4% in 2022 compared to the previous year [56] - Spot prices remained under pressure due to commodity scenarios and transmission bottlenecks, impacting the overall market environment [15] Company Strategy and Development Direction - The company aims to leverage its assets and expertise through an integrated and sustainable business model, focusing on decarbonization and electrification [12][44] - The strategy includes asset rotation and optimization of LNG contracts to enhance financial performance [10][46] - Enel Chile is committed to sustainability, with 92% of its CapEx linked to decarbonization goals [35][32] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging market context but highlighted improved hydrology and optimization strategies that offset negative impacts [15][18] - The company is well-prepared to operate in a volatile environment and capitalize on emerging opportunities [12][44] - Future expectations include a slight increase in the cost of debt due to the repayment of cheaper short-term debt [65] Other Important Information - The company was recognized for its sustainability efforts, ranking first in three categories of the downtown sustainability index [21] - Enel Chile's gross debt decreased by $0.3 billion to $4.7 billion as of December 2022, reflecting effective debt management [42] - The company plans to propose a final dividend of CLN 5.2 per share for the 2022 fiscal year [26] Q&A Session Summary Question: Concerns about the distribution segment and theft issues - Management acknowledged the increase in electrical cable theft and stated that it is a recurrent issue, with government focus on stricter regulations to address it [67][69] Question: Green hydrogen pilot project next steps - The company is in a 50-50 joint venture for the green hydrogen project and is focused on production rather than processing [95] Question: Expectations for the stabilization mechanism and cash flow generation - Management expects to recover most of the receivables by the end of 2023, amounting to around $450 million [83] Question: Impact of new capacity regulation on Enel Chile - Management does not foresee a significant short-term impact from the new capacity payment regulations due to a long transition period [80][82] Question: Optimal net debt-to-EBITDA ratio - The target is below 3x net debt-to-EBITDA, which aligns with the company's financial strategy [84] Question: Gas optimization gains and actions for distribution performance - Management highlighted the importance of gas optimization in portfolio management and ongoing efforts to improve distribution performance through careful investment management [87][98]
Enel Chile(ENIC) - 2022 Q2 - Earnings Call Presentation
2022-07-29 00:20
Q2 & H1 Enel Chile's Consolidated results July 28, 2022 enel Q2 & H1 2022 Key highlights Fabrizio Barderi CEO enel INTERNAL Key highlights of the period enel Portfolio Management Regulatory updates Economic performance Asset rotation | --- | --- | --- | --- | |--------------------------------------------|-------------------------------------------|----------------------------|----------------------------------------| | Adverse market | | | | | conditions partially | 2.0 Energy | Temporary effect | Sale purc ...
Enel Chile(ENIC) - 2022 Q2 - Earnings Call Transcript
2022-07-28 22:56
Enel Chile S.A. (NYSE:ENIC) Q2 2022 Results Conference Call July 28, 2022 2:00 PM ET Company Participants Isabela Klemes - Head of IR Fabrizio Barderi - CEO Giuseppe Turchiarelli - CFO Conference Call Participants Murilo Riccini - Santander Operator Good afternoon, ladies and gentlemen, and welcome to Second Quarter and First Half 2022 Results Conference Call. My name is Victor, and I will be your operator for today. [Operator Instructions] During this conference call, we may make statements that constitute ...
Enel Chile(ENIC) - 2022 Q1 - Earnings Call Presentation
2022-05-04 13:40
First Quarter Consolidated results May 3, 2022 enel First Quarter 2022 Key highlights, strategy updates and operational performance Giuseppe Turchiarelli CFO INTERNAL Value for Shareholders Extraordinary operation Decarbonization Portfolio Management Key highlights of the period enel | --- | --- | --- | --- | |----------------------------|---------------------------------------|----------------------------------------|---------------------------------------------------------------| | | | | | | +0.2 GW of | ...
Enel Chile(ENIC) - 2022 Q1 - Earnings Call Transcript
2022-05-04 06:51
Enel Chile S.A. (NYSE:ENIC) Q1 2022 Earnings Conference Call May 3, 2022 2:00 PM ET Company Participants Isabela Klemes - Head, Investor Relations Giuseppe Turchiarelli - Chief Financial Officer Conference Call Participants Murilo Riccini - Santander Javier Suarez - Mediobanca Andrew McCarthy - CrediCorp Capital Operator Good afternoon, ladies and gentlemen, and welcome to Enel Chile First Quarter 2022 Results Conference Call. My name is Lydia, and I will be your operator for today. [Operator Instructions] ...