Sesa Spa (SESPF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.774 Good morning. This is the chorus call conference operator. 00:00:02.774 -- 00:00:07.558 Welcome and thank you for joining the full year 2026 consolidated 00:00:08.001 -- 00:00:12.266 first half results conference call of CESA. 00:00:12.266 -- 00:00:16.571 As a reminder, all participants are in listen only mode. 00:00:16.571 -- 00:00:20.736 After the presentation, there will be an opportunity to ask questions. 00:00:20.736 -- 00:00:23.820 Should anyone need assistance during the conference call, they may signal an operator 00:00:23.820 -- 00:00:26.845 by pressing star and zero on their telephone. 00:00:26.845 -- 00:00:29.209 At this time, I would like to turn the conference over to Mr. 00:00:29.209 -- 00:00:34.617 Jacopo Laschetti, Stakeholder and Corporate Sustainability Manager of CESA. 00:00:34.617 -- 00:00:37.178 Please go ahead, sir. 00:00:39.304 -- 00:00:43.230 Good morning, and thank you for joining the CESA group presentation. 00:00:43.230 -- 00:00:48.558 Representing the group today are Alessandro Fabroni, Group CEO, Katerina Gori, 00:00:48.558 -- 00:00:53.605 Investor Relations and Corporate Finance and M&A Manager, and myself, Stakeholder 00:00:53.605 -- 00:00:56.157 Relations and Head of Sustainability. 00:00:56.157 -- 00:01:00.984 Earlier today, the Board of Directors approved the consolidated financial results for 00:01:00.984 -- 00:01:04.289 the first half of the fiscal year 2026, 00:01:04.289 -- 00:01:07.391 ended October 31, 2025. 00:01:07.394 -- 00:01:12.181 The corporate presentation is available on the CESA website and will serve as a reference 00:01:12.181 -- 00:01:17.529 throughout today's conference call. Alessandro will begin by providing an overview 00:01:17.529 -- 00:01:21.174 of the key business developmen...