OVS SpA (LTS:0R5R)

€ 2.822 -0.006 (-0.21%) Market Cap: 691.14 Mil Enterprise Value: 1.98 Bil PE Ratio: 14.55 PB Ratio: 0.80 GF Score: 71/100

Q4 2021 OVS SpA Earnings Call Transcript

Apr 22, 2022 / 01:30PM GMT

Release Date Price: €1.9 (-0.71%)

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the OVS Full Year 2021 Results conference call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Stefano Beraldo, Chief Executive Officer of OVS. Please go ahead, sir.

Stefano Beraldo

OVS S.p.A. - CEO, GM & Executive Director

Thank you and good afternoon to everyone for this Full Year OVS result conference. Well, as you have read from the press release, basically, we confirmed our indication for the full year that has been given about 2, 2.5 months ago. I believe that from a qualitative point of view, what I can mention -- what were to be mentioned is that in spite of very poor sales in the first quarter of the year that was minus 27% due to the lockdown period, the following quarter has been outstanding in term of like-for-like, which is positive for all the 9 months. And the result was positive for all brands and in all channels with some peculiarity like small catchment areas store, which are having better performance

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