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

Q2 2022 OVS SpA Earnings Call Transcript

Sep 21, 2022 / 01:00PM GMT

Release Date Price: €1.86 (+20.45%)

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the OVS First Half 2022 Financial 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

Good afternoon to everybody, and thanks for being here with us. I try to be short. Maybe I'll start by making a couple of comments about the general mode that characterized the first half also was supposed to be a difficult half for us in a very challenging market with a high inflation impacting salaries and consumer spending, all the negative aspect regarding gasoline cost, energy bill, war, a little bit of the pandemic already in place in the first half, and we expect to face a challenging environment. It has been a 6 months first half healthier than we expected, thanks partially to great weather condition in the month of May, but also thanks to what we believe is becoming a kind of

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