Piaggio & C. SpA (PGGCY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, this is the Coruscall Conference Operator. Welcome and thank you for joining the Piaggio First Quarter 2026 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 and zero on their telephone. At this time, I would like to turn the conference over to Mr. Raffaele Lupotto, Investor Relations of Piaggio. Please go ahead. Thank you very much. Hello, everyone, and welcome to Piaggio Group's first quarter of 2026 Financial Results Conference Call. The conference call today will be hosted by Alessandra Simonotto, Piaggio Group CFO, and myself. The slides supported in today's presentation are available on Piaggio Group website. Before we begin, I would like to remind you that during today's conference call, we may use forward-looking statements based on Piaggio's current expectations and projections about future events. By their nature, these statements are subject to risks, uncertainties, and other factors that could cause after-results. to differ materially from those expressed or implied. These factors are discussed in the Safe Harbor Statement on page two of today's presentation. With that, I would like to turn the call over to Alessandra. Good afternoon to everybody and welcome to our conference call. After what you have already read in our presentation and in our press release, I should like to point only four things about our results on this first quarter. The first one, volume and essays. As you have already read, the volumes of these three months of 2026 are growing up versus the first quarter of 2025. It is only 2,000 vehicles, yes, but it is...