Safilo Group S.p.A. (0NJ5) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening and welcome to the SAFILO Group first half 2025 results presentation. This call may contain forward-looking statements related to future events and operating economic and financial results for the SAFILO Group. Such forecasts, due to their nature, imply a component of risk and uncertainty due to the fact that they depend on the occurrence of certain future events and developments. The actual results may therefore vary even significantly to those announced in relation to a multitude of factors. Today's participants are Mr. Angelo Trocchia, Chief Executive Officer, Mr. Michele Milotti, Chief Financial Officer, and Ms. Barbara Ferrante, Director of Investor Relations. I will now pass the call over to Mr. Angelo Trocchia, Chief Executive Officer. Mr. Trocchia, you may begin, sir. Thanks so much. Good evening, everyone, and thank you for joining us today to discuss SAFILO H1 2025 results, including a training update on the second quarter. Let me begin by framing the broader context of our performance. Throughout the second quarter, we continue to show our ability to adapt to the multiple layers of uncertainty streaming from geopolitical tension and shifting macroeconomic pressures, particularly those related to tariffs. Despite this challenge and a landscape that continues to change, Our sales performance at concert exchange rates remain solid across key regions, reflecting the strengths of our brand portfolio, our operational agility, and the execution discipline of our teams across markets. Supported by our long-term customer focus, this momentum translated into consistent economic and financial progress, allowing us to deliver one of the strongest semesters in our history. At the same time, we advanced on our strategic agenda, further strengthening our lic...