Fincantieri S.p.A. (0QWN) Q3 2025 Earnings Call

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WEBVTT 00:00:00.402 -- 00:00:04.146 Good morning. This is the Chorus Call Conference Operator. 00:00:04.146 -- 00:00:09.412 Welcome and thank you for joining Fincantieri 9-month 2025 Results 00:00:09.412 -- 00:00:15.038 Conference Call. As a reminder, all participants are in list and only mode. 00:00:15.038 -- 00:00:19.523 After the presentation, there will be an opportunity to ask questions. 00:00:19.523 -- 00:00:24.389 Should anyone need assistance during the conference call, they may signal an operator 00:00:24.389 -- 00:00:28.043 by pressing star and zero on their telephone. 00:00:28.043 -- 00:00:31.508 At this time, I would like to turn the conference over to Mr. 00:00:31.508 -- 00:00:35.713 Folgiero, Chief Executive Officer and Managing Director. 00:00:35.713 -- 00:00:38.454 Please go ahead, sir. 00:00:39.718 -- 00:00:44.605 Good afternoon, ladies and gentlemen, and thank you for joining us today to discuss Fincantieri's 00:00:44.605 -- 00:00:47.468 nine-month 2025 results. 00:00:47.468 -- 00:00:53.096 We are pleased to present another solid set of results building on the positive trajectory 00:00:53.096 -- 00:00:56.073 of the first half of the year. 00:00:56.073 -- 00:01:01.239 Revenue growth remains robust across all segments, supported by favorable 00:01:01.239 -- 00:01:06.265 market tailwinds, while increased operational efficiency includes an higher 00:01:06.265 -- 00:01:11.371 contribution from the defense business, keep driving margin expansion at the 00:01:11.371 -- 00:01:13.053 group level. 00:01:13.053 -- 00:01:18.139 Our underwater segment is growing according to plan and continues to deliver premium 00:01:18.139 -- 00:01:23.405 margins, strengthening its position as a key value and profitability driver 00:01:23.405 -- 00:01:25.317 for the group. 00:...