Piaggio & C. SpA (PGGCY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, this is the Coruscall conference operator. Welcome and thank you for joining the Piaggio full-year 2025 financial results conference call. As a reminder, all participants are in listen-only mode. And 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, sir. Hello, everyone, and welcome to Piaggio Group's full year 2025 financial results conference call. Joining us today are Matteo Colanino, Chairman of Board of Directors of Piaggio Group, and Alessandra Simonotto, Group Chief Financial Officer. The slides supporting today's presentation are available on the Piaggio Group website. Before we begin, I would like to remind you that during today's call, we may make 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 end the poll over to our chairman, Matteo Colagnino, for his opening remarks. Thank you. Good evening to everybody. Welcome. Just a few words because I would like to underline that we are in the middle of a historical phase of constant uncertainty. where the world order based on shared and multilateral use is now in crisis, as we know. As far as the Piaggio Group is concerned, internationalization and diversification of our market,...