Q1 2025 Sogefi SpA Earnings Call Transcript

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Apr 28, 2025

Apr 28, 2025 / 07:00AM GMT
Operator

Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Sogefi first quarter 2025 results conference call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Olivier Proust, CFO of Sogefi. Please go ahead, sir.

Olivier Proust - Sogefi SpA - Chief Financial Officer, Director - Group Administration, Finance and Control, Director - Investor Relations

Hi, everybody. Thanks a lot for attending this meeting for the first quarter of Sogefi. As usual, I will make a quick introduction, and we will directly jump to the Q&A. So I think that the most important for us is that in the first quarter of 2025, despite a lower market -- the weakness in the operating market with a revenue decline of 2.7% compared to '24. Sogefi has been able to overperform.

The operating results are in line with those of the first quarter '24 and net income from the continuing operations is higher. EBITDA equal to EUR33.8 million, in line with the first quarter of '24 with an EBITDA margin up 13.2%, better

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