Half Year 2019 OVS SpA Earnings Call Transcript

Sep 20, 2019 / 10:00AM GMT
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the OVS First Half 2019 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 morning to everyone. We are here for the 6-month result of OVS. I'll start saying that it has been still a second consequent half characterized by negative external conditions. Weather has been again after a very tough autumn/winter, which was too warm, again adverse with extremely rainy and cold months of April and May, which are 2 important months for our company. Fortunately, a good recovery in June and July enabled the company to mitigate the effect of this negative situation.

The company is still solid because it continues demonstrating that in a difficult external environment what competitors in Italy are suffering. Still traffic, still sales and market share continues to

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