Interpump Group Spa (IPGLF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, this is the Coruscall Conference Operator. Welcome and thank you for joining the Interpump Q3 2025 Financial Results Conference Call. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star N0 on their telephone. At this time, I would like to turn the conference over to Ms. Elisabetta Kunjaska, Group Head of IR. Please go ahead, Madam. Thank you. Good afternoon or good morning, depending on your time zone, and welcome to this InterPAMP Third Quarter 2025 Financial Results Conference Call. As usual, I must draw your attention to the disclaimer inserted in the annex part of the presentation that I hope you were able to download from our website. Now I would like to leave the floor to Mr. Marazzi, Group Chief Executive Officer. Thank you, Ms. Koniazka, and thanks to all of you for joining our call. We are here to speak about the third quarter 2025 results and 2025 expectations. Starting from the results of the third quarter 2025, I would like to underline two numbers, plus 3.4% and almost €87 million. Plus 3.4% is the organic growth recorded by the hydraulics division in the quarter, a long-awaited growth after seven consecutive quarters of organic decline. Eighty-seven million euro is the low generation of the quarter, the best achievement in one single quarter in Interpump Group's history. Moving to 2025 expectations, I have to underline that the acceleration in summer of hydraulics recovery signal is a strong support and allow us to increase both our sales and profitability guidance for the year to the highest part of the range already provided, that was minus five plus one and 2...