Lottomatica Group Spa (LTMGF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.405 -- 00:00:03.085 Good morning, this is the course call conference operator. 00:00:03.085 -- 00:00:07.906 Welcome, and thank you for joining the Lottomatica Group's 00:00:08.306 -- 00:00:13.607 H1-2026 results conference call. As a reminder, all participants are in listen-only 00:00:13.607 -- 00:00:18.308 mode. After the presentation, there will be an opportunity to ask questions. 00:00:18.308 -- 00:00:22.069 Should anyone need assistance during the conference call, they may signal an operator 00:00:22.069 -- 00:00:25.569 by pressing star and zero on their telephone. 00:00:25.569 -- 00:00:28.090 At this time, I would like to turn the conference over to Mr. 00:00:28.090 -- 00:00:34.406 Mirko Senezi, Head of IR of Lottomatica. Please go ahead, sir. 00:00:34.406 -- 00:00:36.867 Thanks, operator, and good morning to everyone. 00:00:36.867 -- 00:00:41.010 Welcome to Lottomatica Q2 2026 results presentation. 00:00:41.010 -- 00:00:45.833 I'm here today with our CEO, Guglielmo Angelozzi, and our CFO, Lorenzo Vallanca. 00:00:45.833 -- 00:00:48.834 Now the floor directly to Guglielmo for the presentation. 00:00:48.834 -- 00:00:51.435 Guglielmo, please. 00:00:51.621 -- 00:00:54.863 Thanks Mirko and good morning to everybody. 00:00:54.863 -- 00:01:01.108 Let's go up page two of the deck, another very good quarter 00:01:01.108 -- 00:01:06.392 and another very good semester. We increased EBITDA 14% 00:01:06.392 -- 00:01:11.895 reported, 17% on a normalized basis in the quarter, 00:01:11.895 -- 00:01:17.359 which means 10% for the semester on a reported basis 00:01:17.359 -- 00:01:19.247 recovering 00:01:19.247 -- 00:01:24.371 chunk of the payout issue that the market had in Q1, and 00:01:24.371 -- 00:01:29.974 20% increase on a normalized basis for the entire sem...