Rai Way S.p.A. (0R40) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.819 operator welcome and thank you for joining the right way first quarter 2025 results 00:00:05.819 -- 00:00:10.825 analyst web call all participants are on listen only mode and after the presentation 00:00:10.825 -- 00:00:15.872 there will be a q a session at this time i would like to turn a conference over to 00:00:15.872 -- 00:00:20.999 mr andrea moretti head of ir of railway please go ahead sir 00:00:20.999 -- 00:00:24.365 thank you maria good evening and welcome to everyone 00:00:24.365 -- 00:00:29.394 As we presented our yearly results and 2025 guidance 00:00:29.394 -- 00:00:34.404 less than two months ago, today's presentation will be relatively short and focused 00:00:34.404 -- 00:00:36.588 on the Q&A. 00:00:36.588 -- 00:00:41.751 As usual, today's speakers will be Raiways CEO, Roberto Cecatto, the CFO, 00:00:41.751 -- 00:00:47.299 Adalberto Pellegrino, and Giancarlo Benucci, Chief Corporate Development Officer. 00:00:47.299 -- 00:00:52.105 Let's first start with a financial and operational overview of the quarter. 00:00:52.105 -- 00:00:55.409 Please, Mr. Cecatto, the floor is yours. 00:00:55.409 -- 00:00:59.235 Good evening to everyone, from me as well. 00:00:59.235 -- 00:01:04.642 Starting with the financial result, which will be explained in detail by our CFO, 00:01:04.642 -- 00:01:06.957 Adalberto Pellegrino. 00:01:06.957 -- 00:01:12.063 The trends and the driver observed in the first quarter are fully in line with 00:01:12.063 -- 00:01:15.006 expectation in particular. 00:01:15.006 -- 00:01:20.191 At revenue level, we continue to maintain an inertial CPI plus growth 00:01:20.191 -- 00:01:21.933 profile. 00:01:21.933 -- 00:01:27.219 The growth exceeding CPI came from rising tower hosting 00:01:27.219 -- 00:01:28.700 volume...