PRDSF - Prada S.p.A. (PRDSY) Q4 2024 Earnings Conference Call Transcript
2025-03-04 12:09:03 ET
Prada S.p.A. (PRDSY)
Q4 2024 Earnings Conference Call
March 04, 2025, 08:00 AM ET
Company Participants
Andrea Bonini - CFO
Patrizio Bertelli - Chairman & Executive Director
Lorenzo Bertelli - Marketing Director & Head, CSR
Andrea Guerra - Group CEO
Conference Call Participants
Edouard Aubin - Morgan Stanley
Chiara Battistini - JPMorgan
Susy Tibaldi - UBS
Erwan Rambourg - HSBC
Oriana Cardani - Intesa Sanpaolo
Thomas Chauvet - Citi
Melania Grippo - BNP Paribas
Linda Huang - Macquarie
Louise Singlehurst - Goldman Sachs
Chris Gao - CLSA
James Grzinic - Jefferies
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Prada Group Full Year 2024 Results Presentation. At this time, all participants are in listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] And please also note that today's conference is being recorded.
I would now like to turn the conference over to Mr. Andrea Bonini, CFO. Please go ahead, sir.
Andrea Bonini
Good afternoon, everyone, and thank you for joining Prada Group's full year 2024 results conference call. This is Andrea Bonini, Group Chief Financial Officer. I'm delighted to be with you again, and I'm joined by Mr. Patrizio Bertelli, Executive Chairman of the Board; Mr. Andrea Guerra, Group CEO; and Mr. Lorenzo Bertelli, Chief Marketing Officer and Head of CSR. Mr. Patrizio Bertelli will start today with group highlights for the year, followed by Mr. Lorenzo Bertelli, who will provide an overview of our marketing and communication activities and an update on our ESG initiatives. Mr. Guerra will then give you a business update, and I will provide details on our financial performance before Mr. Guerra signs off with some closing remarks.
As a reminder, during today's call, we may discuss forward-looking statements, which are subject to risks, uncertainties and factors beyond our control that could cause the actual outcome and returns to differ materially from such statements. Please refer to the disclaimers included on Slide 2 of our presentation.
With that, I will hand over to Mr. Bertelli.
Patrizio Bertelli
Welcome to the presentation of the group Prada financial year 2024 results. I'd like to start by providing you with a short update on another year of progress for our group that kept generating a growth, which is higher than the market average and increased its profitability despite the challenging sector backdrop....
Prada S.p.A. (PRDSY) Q4 2024 Earnings Conference Call Transcript