Rai Way S.p.A. (0R40) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.294 Good afternoon, this is the conference operator. 00:00:02.294 -- 00:00:07.500 Welcome and thank you for joining the Raiway 9-month 2025 results 00:00:07.500 -- 00:00:12.766 analyst web call. All participants are in listen-only mode and after the presentation 00:00:12.766 -- 00:00:15.629 there will be a Q&A session. 00:00:15.629 -- 00:00:19.533 At this time, I would like to turn the conference over to Mr. 00:00:19.533 -- 00:00:24.659 Andrea Moretti, head of IR or Raiway. Please go ahead, sir. 00:00:24.659 -- 00:00:28.820 Thank you, operator, and thank you all for attending our conference call. 00:00:28.820 -- 00:00:34.049 The call will be held, as usual, by our CFO, Adalberto Pellegrino, 00:00:34.049 -- 00:00:39.378 CEO, of course, Roberto Cecatto, and our Chief Corporate Development Officer, Giancarlo 00:00:39.378 -- 00:00:43.742 Benucci. Please, Mr. Cecatto, go ahead. 00:00:44.747 -- 00:00:49.211 Thank you, Andrea. Good evening to everyone. 00:00:49.334 -- 00:00:53.418 Let's restart. In slide four... 00:00:54.243 -- 00:00:59.781 Okay. Okay. In slide 4, we summarized the main achievements of the period, 00:00:59.781 -- 00:01:06.385 both in terms of financial results and in terms of operating activities. 00:01:06.667 -- 00:01:11.752 The first nine months' financials were particularly solid, even 00:01:11.752 -- 00:01:17.116 better than our beginning of the year expectation, and showed a clear 00:01:17.116 -- 00:01:23.880 continuity with the already strong result that we posted at the end of June. 00:01:23.882 -- 00:01:28.938 Revenue grew even accelerated to basically 3% 00:01:28.938 -- 00:01:34.185 in the third quarter compared to the plus 2% recorded in the first 00:01:34.185 -- 00:01:36.185 half. 00:01:36.248 -- 00:01:41.676 Both ...