Esprinet S.p.A. (0NFS) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and thank you for joining us for the ESPRIT Group Fiscal Year 2025 result presentation. I'm Giulia Perfetti, Investor Relations and Sustainability Manager of ESPRINET and here with me is Alessandro Cattani, CEO of the Group, who today together with Giovanni Testa, our Chief Operating Officer, will comment on the results. Today's call is being recorded and the podcast will be posted on the ESPRIT website in the investor section together with the presentation. Your lines have been placed on mute, but after the speaker remarks, there will be a Q&A session. Please note again that this presentation contains forward looking statements, so I would like to draw your attention to the regulation note on page 2 regarding the information contained within this document. I will now pass the call over to Alessandro to begin presenting and commenting with you on the fiscal year 2025 results. Alessandro, over to you. Thank you and welcome everybody. It's quite an important moment for me and to a certain extent for the company and definitely for Giovanni Testa as well. For me, as you know, it's the last investor call as I will be stepping down from my position effective April 23rd. So, Giulia, if you could please move to the slides over to the first slide. We will dig into the, let's say, the reasons of this change, and we will have Giovanni introduce himself more in a couple of slides. But let me first give you an highlight on the industry insight, what happened in 2025, as well as what we did in 2025. So, as you well know, the global economy, despite an initial scenario, which had a lot of tensions, performed better than expected last year. There's been quite a lot of investments, even too much, I would say, in the artificial intelligence segment, and we'll com...