Azimut Holding SPA (MIL:AZM)
€ 24.5 0.13 (0.53%) Market Cap: 3.39 Bil Enterprise Value: 3.45 Bil PE Ratio: 7.50 PB Ratio: 2.18 GF Score: 92/100

Q3 2020 Azimut Holding SpA Earnings Call Transcript

Nov 12, 2020 / NTS GMT
Release Date Price: €16.52 (-0.21%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Azimut Holding 9 Months 2020 Results Conference Call.

(Operator Instructions)

At this time, I would like to turn the conference over to Mr. Gabriele Blei, CEO of Azimut Holding. Please go ahead, sir.

Blei Gabriele
Azimut Holding S.p.A. - CEO & Executive Director

Thank you very much, and good afternoon to everyone. So as always, we'll go through the presentation, and then we will leave you all the time for question and answer. If you take Slide #4, there is just an unusual way to start the quarterly presentation where we wanted to signal how, probably, there has been a convergence in terms of the expectations vis-Ã -vis our stated target that we reiterated at every occasion during 2020, although the macroeconomic picture was not ideal to provide targets.

We kept the target unchanged throughout 2020. And we have seen numbers going up and down as far as consensus is concerned. So probably, this is another confirmation, if required, of

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