**Safilo Group Third Quarter and First 9 Months 2025 Trading Update**
*Operator:*
Good evening, and welcome to the Safilo Group Third Quarter and First 9 Months 2025 Trading Update. This call may contain forward-looking statements related to future events and operating, economic, and financial results for the Safilo Group. Such forecasts, due to their nature, imply a component of risk and uncertainty because they depend on the occurrence of certain future events and developments. The actual results may therefore vary, even significantly, from those announced due to a multitude of factors.
Today’s participants are:
– Mr. Angelo Trocchia, Chief Executive Officer
– Mr. Michele Melotti, Chief Financial Officer
– Ms. Barbara Ferrante, Director of Investor Relations
I will now pass the call over to Mr. Angelo Trocchia, Chief Executive Officer. Mr. Trocchia, you may begin, sir.
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**Angelo Trocchia, CEO & Director:**
Thanks very much. Good evening, everyone, and thank you for joining us today to discuss Safilo’s trading update for the third quarter and the first nine months of 2025.
Let me start by saying that Q3 was another solid quarter for Safilo. We stayed on course, delivering a consistent performance, marked by steady sales growth at constant exchange rates, further margin improvement, and another round of robust cash flow generation.
In the context of persistent macroeconomic uncertainty and tariff pressures, these results give us even greater confidence in our ability to navigate successfully moving forward.
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