Q3 2022 Pirelli & C SpA Earnings Call Transcript
Welcome to Pirelli's conference call, in which Pirelli's top management will present the company's 9 months 2022 financial results. A live webcast of the event and the presentation slides are available in the Investor Relations section of the Pirelli website. I remind you that the Q&A session will follow after the presentation. Now I would like to introduce Mr. Marco Tronchetti Provera. Please go ahead, sir.
Good evening, ladies and gentlemen. The first 9 months of 2022 were characterized by a growing volatility of the macroeconomic scenario, worsened by the Russia-Ukraine war and the COVID emergence in China. Despite these headwinds, Pirelli closed the first 9 months with a clear year-on-year improvement. Our performance proved the resilience of our business model as highlighted by the strengthening of high-value market segment growing the most, where we gain share despite price increases. Our price mix, one of the best in the industry, that offset the growing impact of
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