Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Ariston Group First Quarter 2026 Results Presentation.

[Operator Instructions]

At this time, I would like to turn the conference over to Ilaria Candotti, Head of IR. Please go ahead, madam.

Ilaria Candotti
Head of Investor Relations

Thank you. Good afternoon, everyone, and welcome to Ariston Group first quarter 2026 results conference call. I'm Ilaria Candotti, Head of Investor Relations.

With me today are Maurizio Brusadelli, our Chief Executive Officer; and Riccardo Gini, our Chief Financial Officer. Today's presentation will last approximately 20, 25 minutes, after which we will open the floor for questions.

As a reminder, for those joining us by phone, the slide deck is available on our Investor Relations website.

I will now hand the call over to Maurizio.

Maurizio Brusadelli
CEO & Executive Director

Thank you, Ilaria, and good morning, afternoon, evening, everyone.

So let me start with Slide 3 with a brief overview of the quarter. The first 3 months of 2026 marked a solid start to the year, in line with our expectation for the period and supporting the full year growth trajectory despite headwinds arising from the conflict in the Middle East. Performance in the quarter was driven by