Poste Italiane Spa (PITAF) Q1 2025 Earnings Call

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WEBVTT 00:00:01.229 -- 00:00:05.673 Good afternoon and welcome to Posse Italiane's first quarter 2025 results conference 00:00:05.673 -- 00:00:07.154 call. 00:00:07.154 -- 00:00:11.979 In a few moments, the CEO, Matteo Asante, will take you through some opening remarks, 00:00:11.979 -- 00:00:16.503 and then the CFO, Camillo Greco, will cover the financials. 00:00:16.503 -- 00:00:20.847 As usual, after the presentation, we will have a Q&A session where you can ask questions 00:00:20.847 -- 00:00:24.690 either by phone or to our webcast platform. 00:00:24.690 -- 00:00:28.153 For any topics we won't be able to cover today, please contact the Investor Relations 00:00:28.153 -- 00:00:31.942 team. We'll provide any clarifications you might require. 00:00:31.942 -- 00:00:35.083 So with that, over to you, Matteo. 00:00:35.927 -- 00:00:38.489 Good afternoon, everyone. 00:00:38.489 -- 00:00:42.574 And thank you for joining us today for our Q1 2025 00:00:42.574 -- 00:00:44.596 results call. 00:00:44.596 -- 00:00:49.762 We're pleased to report a very strong start of the year with record first quarter 00:00:49.762 -- 00:00:53.707 revenues and double-digit year-on-year EBIT growth. 00:00:53.707 -- 00:00:59.735 These results are yet another demonstration of the solidity of our business model 00:00:59.735 -- 00:01:04.960 discipline execution, and our continued ability to adapt and grow in a dynamic 00:01:04.960 -- 00:01:06.622 environment. 00:01:06.622 -- 00:01:11.467 All business units contributed to a solid 5% year-on-year 00:01:11.467 -- 00:01:16.332 revenue growth, totaling 3.2 billion euros. 00:01:16.332 -- 00:01:21.498 This performance was driven by strong net interest income, continued momentum 00:01:21.498 -- 00:01:27.170 in parcel, strong net inflows in investment products ...