Safilo Group S.p.A. (0NJ5) Q3 2024 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Safilo Group S.p.a..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.352 -- 00:00:06.021 Good evening and welcome to the Safilo third quarter and first nine months 2024 trading 00:00:06.021 -- 00:00:11.390 update. This call may contain forward-looking statements related to future 00:00:11.390 -- 00:00:16.639 events and operating economic and financial results of the Safilo Group. 00:00:16.639 -- 00:00:21.607 Such forecasts, due to their nature, imply a component of risk and uncertainty due to 00:00:21.607 -- 00:00:26.710 the fact that they depend on the occurrence of certain future events and developments. 00:00:26.710 -- 00:00:31.936 The actual results may therefore vary even significantly to those announced 00:00:31.936 -- 00:00:37.043 in relation to a multitude of factors. Today's participants are Angelo 00:00:37.043 -- 00:00:42.469 Trocchia, Chief Executive Officer, Michele Melotti, Chief Financial Officer, 00:00:42.469 -- 00:00:46.354 and Barbara Ferrante, Director of Investor Relations. 00:00:46.354 -- 00:00:50.700 I will now pass the call over to Mr. Angelo Trocchia, Chief Executive Officer. 00:00:50.700 -- 00:00:53.083 Mr. Trocchia, you may begin, sir. 00:00:53.083 -- 00:00:58.366 Thanks. Thanks so much. Good evening, good evening everyone, and thank you for joining 00:00:58.366 -- 00:01:02.912 us today to review Safilo Quarter 3 2024 00:01:02.912 -- 00:01:04.874 Trading Update. 00:01:04.874 -- 00:01:10.220 As expected in the third quarter, we continue to face a complex and volatile 00:01:10.220 -- 00:01:15.607 market environment, particularly in July and August, where sales performance 00:01:15.607 -- 00:01:20.973 was impacted by soft reorders of sunglasses and ongoing 00:01:20.973 -- 00:01:26.243 uncertainties across several key markets. In September, 00:01:26.243 -- 00:01:31.612 we saw a recovery, particular...