Operator

Good afternoon to everyone, and welcome to El.En's. First Quarter 2026 Financial Results Conference Call. Today's call will be recorded, and there will be an opportunity for questions at the end of the call. With us on the call are Andrea Cangioli, El.En's. CEO; and Enrico Romagnoli, El.En's. Chief Financial Officer and Investor Relations Manager.

Before we begin, please note that there are management remarks during the conference call regarding future expectations, trends, prospects and forward-looking statements. Certain statements in this call, including those addressing the company's beliefs, plans, objectives, estimates or expectations of possible future results or events are forward-looking statements. Forward-looking statements involve known or unknown risks, including general economic and business conditions in the industry in which we operate. These statements may be affected if our assumptions turn out to be inaccurate.

Consequently, no forward-looking statement can be guaranteed and actual future results, performance or achievements may vary materially from those expressed or implied by such forward-looking statements. The company undertakes no obligation to update the contents or the forward-looking statements to reflect events or circumstances that may arise after the date hereof. -- the virtual and we will have the floor in order of request. But at this time, I want to give the floor to Andrea Cangioli. Please go ahead, Andrea.

Andrea Cangioli
MD & Executive Director

Thank you, Nicola. Thank you, Bianca, for your introduction, and good morning -- good afternoon, everyone, and thank you for joining us today to discuss the financial results for the