Piaggio & C. SpA (PGGCY) Q2 2025 Earnings Call

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WEBVTT 00:00:00.284 -- 00:00:03.349 Good afternoon, this is the Coruscall Conference Operator. 00:00:03.349 -- 00:00:08.378 Welcome and thank you for joining the Piaggio First Half 2025 Financial Results 00:00:08.378 -- 00:00:10.341 Conference Call. 00:00:10.341 -- 00:00:14.288 As a reminder, all participants are in listen-only mode. 00:00:14.288 -- 00:00:18.314 After the presentation, there will be an opportunity to ask questions. 00:00:18.314 -- 00:00:22.441 Should anyone need assistance during the conference call, they may signal an operator 00:00:22.441 -- 00:00:25.529 by pressing star and zero on their telephone. 00:00:25.529 -- 00:00:28.973 At this time, I would like to turn the conference over to Mr. 00:00:28.973 -- 00:00:32.617 Raffaele Lupotto, investor relator of Piaggio. 00:00:32.617 -- 00:00:35.020 Please go ahead, sir. 00:00:35.020 -- 00:00:40.726 Yes, hello. Thank you very much. Hello, everyone, and welcome to the first half of 2025 00:00:40.726 -- 00:00:45.812 Financial Results Conference Call. The conference call will be hosted by Michele 00:00:45.812 -- 00:00:50.977 Colannino, Piaggio Group Chief Executive Officer, and Alessandro Simonotto, Piaggio Group 00:00:50.977 -- 00:00:56.304 CFO. Today, we have also the pleasure to have with us the group 00:00:56.304 -- 00:01:01.431 executive chairman, Matteo Colonino. You can access the slides supporting this conference 00:01:01.431 -- 00:01:05.476 call on the Internet at Piaggio Group website. 00:01:05.476 -- 00:01:09.140 As you may expect, before starting the presentation, I need to remind you that during 00:01:09.140 -- 00:01:14.307 today's conference call, we may use forward-looking statements subject to risk and 00:01:14.307 -- 00:01:16.307 uncertainties. 00:01:16.576 -- 00:01:21.801 And I would like al...