NEXI S.P.A. (NEXPF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Want to dive into your ocean? Is it raining with you? So baby, talk to me like lovers do. Walk with me like lovers do. Talk to me like lovers do. Lovers do want to die. do. Nothing that I do. This is the right time to believe in love. Everyone knows. And it shows that you understand the light shining inside us. It's more than tonight. It's forever. Good morning. This is the College School Conference Operator. Welcome and thank you for joining the first quarter 2026 financial results presentation 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 requesting star and zero on their telephone. At this time, I would like to turn the conference over to Bernardo Mingrone of Nexi. Please go ahead, sir. Good morning, everyone. Good morning and welcome to our first quarter 2026 results call. I'm here today with Pia Giorgio Pedron, our CFO, and Stefania Mantegaz, our head of IR as usual. Let me start on slide number three with the key highlights of the first quarter performance. We continue to deliver profitable growth, as you can see. and we'll discuss later with Pier Giorgio as well, our revenues grew about 1% in the quarter, year on year. Our underlying growth continues to grow in the region of 5%, consistently with what we discussed a couple of months ago at the Capital Markets Day in line with our historic performance in this respect. Things change in terms of mix in our well-diversified portfolio of geographies, businesses, help us achieve this resilient underlying growth. In this context, EBITDA also grew 2.6% in the quarter, and we continue to have margin expansion, which we'll see in a moment...