Piaggio & C. SpA (PGGCY) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.795 Good afternoon, this is the Coruscall Conference Operator. 00:00:03.795 -- 00:00:09.361 Welcome and thank you for joining the Piaggio 9th Month 2025 Financial 00:00:09.361 -- 00:00:14.867 Results Conference Call. As a reminder, all participants are in listen-only 00:00:14.867 -- 00:00:20.192 mode. After the presentation, there will be an opportunity to ask questions. 00:00:20.192 -- 00:00:25.037 Should anyone need assistance during the conference call, they may signal an operator 00:00:25.037 -- 00:00:28.499 by pressing star and zero on their telephone. 00:00:28.499 -- 00:00:32.803 At this time, I would like to turn the conference over to Mr. 00:00:32.803 -- 00:00:36.807 Raffaele Lupotto, Investor Relations of Piaggio. 00:00:36.807 -- 00:00:39.848 Please, go ahead, sir. 00:00:40.371 -- 00:00:44.815 Thank you very much. Hello, everyone, and welcome to this conference call. 00:00:44.815 -- 00:00:50.020 The conference call will be hosted by Michele Polannino, Piaggio Group Chief Executive 00:00:50.020 -- 00:00:55.027 Officer, and Alessandra Simonotto, Piaggio Group Chief Financial Officer. 00:00:55.027 -- 00:01:00.592 Today, we are also pleased to have with us Matteo Canalino, Piaggio Group Executive Chairman. 00:01:00.592 -- 00:01:05.737 You can access the slides supporting today's conference call and presentation on 00:01:05.737 -- 00:01:08.599 the Piaggio Group website. 00:01:08.599 -- 00:01:13.404 As you would expect, before we begin, I would like to remind you that during today's 00:01:13.404 -- 00:01:18.648 call, we may make forward-looking statements, which are based on Piaggio's 00:01:18.648 -- 00:01:23.714 current expectations and projections about future events. 00:01:23.714 -- 00:01:29.681 By their nature, such statements a...