Interpump Group Spa (IPGLF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, this is the call of call conference operator. Welcome and thank you for joining the Interpump Group fourth quarter 2025 financial results conference call. As a reminder, all participants will listen in 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 and zero on their telephone. At this time, I would like to turn the conference over to Elisabetta Kunjaska, Head of Investor Relations. Please go ahead, Madam. Thank you. I am Elisabetta Kunjaska, Head of Investor Relations of Interpump Group. Good afternoon or good morning, depending on your time zone, and welcome to this Interpump Four Quarter 2025 Financial Results Conference call. As usual, I must draw your attention to the disclaimer slide 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 Secretary. Thank you, Ms. Kunjanska, and thank you to all of you for joining our call. We are here to speak about the Four Quarter 2025 Results, 2026 Expectations, and Group Paths 2028. It has now become my habit to open our regular meeting by highlighting the most important numbers, and I will do the same today. First, the four-quarter 2025 results. Last 4.8%, the growth rate of the hydro is division in the quarter. The division recovery is not simply going on, it's accelerating. 220 million of free cash flow. This is a splendor, a number to be very proud of. This is the best result in our history, surpassing the previous record of 205 million achieved in 2024. As some of you may recall, in August 2022, we committed to improve our cash flow generation. We have achie...