Q3 2022 Talgo SA Earnings Call Transcript

Nov 11, 2022 / 11:00AM GMT
Javier Oriol Piñeyro - Talgo, S.A. - IR Director

Hello. Good morning, everyone. Thank you very much for joining us in this conference aimed to present the results from the third quarter 2022. For the same, Gonzalo Urquijo, CEO of Talgo, will go through the presentation. And at the end of it, we will open a Q&A session and to clarify any questions you may have.

Gonzalo Pedro Urquijo Fernandez de Araoz - Talgo, S.A. - MD, CEO & Executive Director

Thank you very much. Good morning to all of you, and thank you for joining the call. First of all, if we go to the first -- as you know, and just as a reminder, the results for first quarter and third quarter are summarized results. That means we don't go into balance sheet according to the change of law the CNMV did in Spain.

In the first page, as you'll be able to see, we start with health and safety. That is our #1 priority. We had -- the frequency rate is practically 9, severity 0.22. We've had no severe accidents, and we're still working very hard on that. Additionally to that, in

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