Prysmian S.P.A. Ord (PRYMF) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.222 with an EBITDA that hit 527 million EBITDA, 00:00:05.222 -- 00:00:10.393 nearly lost well ahead of last year, even if you consider 00:00:10.393 -- 00:00:15.865 the 95 million stopper limit due to the anchor wire consolidation in 00:00:15.865 -- 00:00:18.779 the quarter of 2025. 00:00:18.779 -- 00:00:24.446 The angular margin, which you see at the temple one, is 00:00:24.446 -- 00:00:27.930 reported according to the standard metal prices so far. 00:00:27.930 -- 00:00:33.236 Those are the metal prices based on the average of metal, copper, aluminum, 00:00:33.236 -- 00:00:37.982 and lead processing in the 10 years preceding the 2019, 00:00:37.982 -- 00:00:42.166 which you know very well because they are only reported in the appendix of the anatomy 00:00:42.166 -- 00:00:47.204 school. The organic rot was fantastic, 5% reduction, certainly 00:00:47.204 -- 00:00:52.570 driven by transmission, but also supported by stability in ANC, 00:00:52.570 -- 00:00:56.234 in Dahlgren, and not in the digital solution. 00:00:56.234 -- 00:01:01.280 3K slow, also outstanding at 1 billion euro for the 00:01:01.280 -- 00:01:06.647 last 12 months. ESG performance and language reputation, minus 37 risk of 1 00:01:06.647 -- 00:01:11.904 in 2 reduction versus the baseline. I remind you that our target for 2025 00:01:11.904 -- 00:01:16.711 is to achieve at least 38%, so a very long track to achieve it. 00:01:16.711 -- 00:01:19.675 Net-zero is confirmed accelerated 00:01:19.675 -- 00:01:24.061 by the end of 2035. Revenue 00:01:24.061 -- 00:01:29.549 links to solutions sustainable with IS43, and we have a significant 00:01:29.549 -- 00:01:34.615 improvement in the recycled content of copper and recycled content of material, 00:01:34.615 -- 00:01:38.501 with this...