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

Q1 2022 OVS SpA Earnings Call Transcript

Jun 15, 2022 / 01:00PM GMT

Release Date Price: €1.75 (-2.80%)

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the OVS First Quarter 2020 Financial Results Presentation. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Stefano Beraldo, CEO of OVS. Please go ahead, sir.

Stefano Beraldo

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

Thank you, and good afternoon to each of you to announce the first quarter results of OVS. I think that it has been a good quarter with the market share stable. But what is interesting is that we are gaining -- still gaining some market share in men and women and the only reason why market share is stable is that basically kids market evolution has been more modest compared to the men and women category in the market itself. So because of the mix, we are not increasing market share as a whole, but worth not to assume that, especially in women, we are increasing market share gain.

We are happy with the top line as well because even if negative compared to 2019, modestly negative compared to 2019

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