Earnings Call: Q3 2024

Nov 12, 2024

This meeting is being recorded. Good afternoon, everyone. We are waiting for everyone to connect. Good afternoon, everyone. We are waiting for everyone to connect. Good afternoon, everyone, and welcome to the Italian Sea Group 9 months 2024 Financial Results Presentation. Before I hand over to your host today, please be advised this presentation will be held in both Italian and English languages simultaneously. To select your chosen language, please click on the interpretation button at the bottom of your screen. You can then choose your preferred language. If you have any questions, please keep in mind that they must be submitted by email to investor. Relationsbetaliancgroup.com as there will be a Q and A session at the end of the presentation. I will now give the same announcement in Italian before we hand over to your host today. Balance that is not easy to strike between Lamborghini and Armani. But I believe that starting the first half next year, we will have reached the maturity to as to the selection of a further partnership and also the evolution of Lamborghini itself. Last question from Chip Moloney, Canyon Partner. The question is a comment on the net backlog at the end of the year in light of the ongoing negotiations. So the net backlog, Marco, correct me if I'm wrong, is EUR533,000,000. Well, I believe that we will probably we will be able to close I would be happy with one contract, one sizable contract and we have already designed and worked a lot on this and we are really reaching the end of the negotiations. This would be enough to give us even more serenity so to speak, in the portfolio. But were this not to happen within the year, all indicators are anyway in line and it might it will happen in the Q1 of next year for the 10 negotiations in progress and nothing, nothing really impacts the guidance for next year and the following ones. Very well, thank you. There are no further questions. Therefore, we would like to thank you for your attention and attendance. And I give the floor to Mr. Constantino for the final greetings. Yes, so we have been brief, to the point. And I want to highlight once again how satisfied the group is. And I'd like to thank once again the magical Italian the Italian C Group team. We will not see each other before the end of the year. So let me take this seize this opportunity to wish you happy holidays and a happy New Year. And we will meet again when commenting the great results for the end of the year, the full year. Thank you very much, and see you all soon. This presentation will now come to a close. Thank you. The recording has stopped.