Safilo Group S.p.A. (0NJ5) Q4 2024 Earnings Call

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WEBVTT 00:00:00.419 -- 00:00:06.607 Good evening and welcome to the Safilo Group Full Year 2024 Financial Results. 00:00:06.607 -- 00:00:11.554 This call may contain forward-looking statements related to future events and operating 00:00:11.554 -- 00:00:15.499 economic and financial results for the Safilo Group. 00:00:15.499 -- 00:00:20.586 Such forecasts, due to their nature, imply a component of risk and uncertainty due to 00:00:20.586 -- 00:00:25.373 the fact that they depend on the occurrence of certain future events and developments. 00:00:25.373 -- 00:00:30.241 The actual result may therefore vary even significantly to those announced in relation 00:00:30.241 -- 00:00:32.423 to a multitude of factors. 00:00:32.423 -- 00:00:37.489 Today's participants are Mr. Angelo Trocchia, Chief Executive Officer, Mr. 00:00:37.489 -- 00:00:40.632 Michele Melotti, Chief Financial Officer, and Ms. 00:00:40.632 -- 00:00:44.277 Barbara Ferrante, Director of Investor Relations. 00:00:44.277 -- 00:00:48.041 I will now pass the call over to Mr. Angelo Trocchia, Chief Executive Officer. 00:00:48.041 -- 00:00:49.402 Mr. Trocchia, you may begin, sir. 00:00:49.402 -- 00:00:51.402 Thanks. 00:00:51.545 -- 00:00:56.550 Good evening, everyone, and thank you for joining us today to discuss Safilo's 00:00:56.550 -- 00:00:59.566 full year 2024 performance. 00:00:59.566 -- 00:01:05.351 As we all know, 2024 was a year shaped by economic uncertainty, geopolitical 00:01:05.351 -- 00:01:09.095 tensions, and shifting consumer behaviors. 00:01:09.095 -- 00:01:14.660 The Iowa sector was not immune to these challenges, as market conditions weighed 00:01:14.660 -- 00:01:20.244 on demand across different regions. Despite this, we proved our resilience 00:01:20.244 -- 00:01:26.070 and flexibility, success...