Piaggio & C. SpA (PGGCY) Q2 2026 Earnings Call

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WEBVTT 00:00:00.351 -- 00:00:04.392 Good afternoon. This is the Coral School Conference Operator. 00:00:04.392 -- 00:00:09.554 Welcome and thank you for joining the Piaggio First Half 2026 Financial Results Conference 00:00:09.554 -- 00:00:13.655 Call. As a reminder, all participants are in listen-only mode. 00:00:13.655 -- 00:00:17.836 After the presentation, there will be an opportunity to ask questions. 00:00:17.836 -- 00:00:22.377 Should anyone need assistance during the conference call, they may signal an operator 00:00:22.377 -- 00:00:25.153 by pressing star and zero on their telephone. 00:00:25.153 -- 00:00:28.334 At this time, I would like to turn the conference over to Mr. 00:00:28.334 -- 00:00:32.154 Raffaele Lupotto, Head of Investor Relations of Piaggio. 00:00:32.154 -- 00:00:35.114 Please go ahead, sir. 00:00:36.335 -- 00:00:41.176 Hello, everyone, and welcome to the Piaggio Group's first half of 2026 Financial Results 00:00:41.176 -- 00:00:45.877 Conference Code. The conference code will be hosted by Alessandra Simonotto, Piaggio 00:00:45.877 -- 00:00:48.797 Group CFO, and myself. 00:00:48.797 -- 00:00:54.310 The slides supporting today's presentation are available on the Piaggio Group website. 00:00:54.310 -- 00:00:59.172 Before we begin, I would like to remind you that during today's conference call, we may 00:00:59.172 -- 00:01:04.294 make forward-looking statements based on Piaggio's current expectations and projections 00:01:04.294 -- 00:01:06.815 about future events. 00:01:06.815 -- 00:01:11.857 By their nature, these statements are subject to risks, uncertainties, and 00:01:11.857 -- 00:01:17.119 other factors that will cause our core results to be materially different from those 00:01:17.119 -- 00:01:20.120 expressed or implied. 00:01:20.120 -- ...