Sanlorenzo Spa (SNLRF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening, ladies and gentlemen. Welcome to our full year 2025 preliminary results. On San Lorenzo side, we have on the line Massimo Perotti, executive chairman, Attilio Bruzzese, chief financial officer, Pierfrancesco Acquaviva, chief corporate officer, and myself, head of investor relations. I leave the floor for the presentation to start to our chairman, Massimo Perotti. Good evening to everybody. Thank you for being in contact with us. I'd like to start the floor with the first chart, which is not just starting with numbers, but trying to understand what happened in 2025. And we are very pleased to confirm to you the numbers that we are very proud of. Consider 25 was not an easy year, probably coming from 24 with expectation from the European Union election in June 24 and the American new president for November 24. People were expecting 25 grow with a return to a normality after the war in Palestine and the war in Ukraine. Unfortunately, as everybody knows, 2025 started with some, I would say, disruptive situation, mainly in the Western world. The tariff etc etc i'm not going to to summarize what happened but all this situation was giving to the market a kind of uncertainty and the uncertainty was reflected in the market so we are pleased to confirm to you and to show you again the resiliency power and strength of san lorenzo you see on the left We can confirm with the number of 2025 six consecutive quarter of order intake growth. We can confirm the successful new models introduced in the market from the Cannes show is written below. SD-132, SX-120, SL-110, BGX-83, recently introduced to the docent of show in January 26, the new SWAN-128, which is the largest ever built, 40m maxi, and the SWAN-51. Thanks to the very successful new model launch, we got quite a ...