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DiaSorin S.p.A. (DSRLF) Q1 2026 Earnings Call May 8, 2026 12:00 PM EDT
Company Participants
Carlo Rosa - CEO, GM & Executive Director
Alberto Donati - Chief Financial Officer
Conference Call Participants
Aisyah Noor - Morgan Stanley, Research Division
Odysseas Manesiotis - BNP Paribas, Research Division
Kavya Deshpande - UBS Investment Bank, Research Division
Jan Koch - Deutsche Bank AG, Research Division
Anna Ractliffe - BofA Securities, Research Division
Natalia Webster - RBC Capital Markets, Research Division
Philip Omnou - JPMorgan Chase & Co, Research Division
Presentation
Operator
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the DiaSorin First Quarter 2026 Results Conference Call. [Operator Instructions] At this time, I would like to turn the conference over to Mr. Carlo Rosa, CEO of DiaSorin. Please go ahead, sir.
Carlo Rosa
CEO, GM & Executive Director
Thank you, operator. Ladies and gentlemen, good afternoon, and welcome to the Q1 conference call. As usual, I will give some color to the financial results, and then I will let our CFO, Alberto Donati, to take you through the numbers. I'm going to make my comments at constant exchange rate.
In quarter 1, 2026, as anticipated during our full year results call, the quarter registered a slightly negative performance, minus 3% and mainly as a result of the following factors. First one, as reported by all our competitors, the softness of the flu season with declining volume by roughly 25%.
And this clearly has affected the performance of our molecular diagnostic platforms since a good chunk of business today, especially in multiplexing is related to products in the respiratory area. As far as LTG, if we did comment before a tough comparison with the same period of last year. But in this case, we expect that by -- in the second half of the year, the trend will revert.
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