Avio SpA (OTCPK:AVVOF)
$ 34.87 -1.61 (-4.41%) Market Cap: 1.59 Bil Enterprise Value: 1.28 Bil PE Ratio: 120.24 PB Ratio: 2.05 GF Score: 53/100

Q3 2023 Avio SpA Earnings Call Transcript

Nov 14, 2023 / 09:00AM GMT
Operator

Good morning, this is the Chorus Call Conference operator. Welcome and thank you for joining the Avio 9 Months 2023 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Giulio Ranzo, CEO of Avio. Please go ahead, sir.

Giulio Ranzo
Avio S.p.A. - CEO, GM & Director

Hello, good morning to you all and thank you for joining the 9 months results call. As always, I'm here with Alessandro Agosti, our CFO and I will drive you through the presentation we have posted on the website.

So on Page 2, we have the agenda. I will cover the highlights and the focus of the main facts of the first 9 months and then Alessandro will follow with the financials and then we'll open to questions and answers.

So on Page 3, what are the key highlights of the first 9 months of this year? First of all, on October 2, we announced the conclusion of the investigation for the Vegas C anomaly we suffered in June over our second-stage solid rocket motor and we defined with ESA a return-to-flight path over

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