Ingela Ulfves
Vice President of Investor Relations & Financial Communications

Good morning, everyone. A warm welcome to Fortum's joint webcast and news conference on our first quarter 2026 results. My name is Ingela Ulfves, and I'm heading the Investor Relations at Fortum. As always, there will be -- this event is being recorded, and there will be a replay on the website later today.

With me here in the studio are our CEO, Markus Rauramo; and our CFO, Tiina Tuomela. They will present the group's financial and operational performance for the first quarter. Now let's go to our presentations, after which we will take your questions in the Q&A session.

So with this, I hand over to you, Markus, to start.

Markus Rauramo
President & CEO

Thank you very much, Ingela. A warm welcome to this call also from my side. I will start by going through the key elements of our highlights and our financial performance, then say a couple of words about the market development. After that, Tiina will provide more details on the financials and how the operational performance turned into our results.

Let me now start with the highlights. Starting with achieved power price. In