On Holding AG (ONON) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Rob and I will be your conference operator today. At this time, I would like to welcome everyone to the on second quarter 2023 results conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press the star one. Thank you. Jarrett Peter, Head of Investor Relations, you may begin your conference. Good afternoon, good morning, and thank you for joining on 2023 Second Quarter Earnings Conference Call and Webcast. With me today on the call are Executive Co-Chairman and Co-Founder David Aleman, CFO and Co-CEO Martin Hoffman, and Co-CEO Mark Maurer. Before we begin, I would like to remind everyone today's call will contain certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements reflect our current expectations and beliefs only and are subject to certain risks and uncertainties that could cause actual results to differ materially. Please refer to our 20F filed with the SEC on March 21st for a detailed discussion of such risks and uncertainties. We will further reference certain non-IFRS financial measures, such as adjusted EBITDA and adjusted EBITDA margins. These measures are not intended to be considered in isolation or as a substitute for the financial information presented in accordance with IFRS. Please refer to today's release for reconciliation to the most comparable IFRS figures. We will begin with David, followed by Martin, leading through today's prepared remarks, after which we are looking forward to op...