Q1 2022 Gruppo MutuiOnline SpA Earnings Call Transcript
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the presentation of Gruppo MutuiOnline First Quarter 2022 Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Marco Pescarmona, Chairman; Mr. Alessandro Fracassi, CEO; and Mr. Francesco Masciandaro, CFO of Gruppo MutuiOnline. Please go ahead, gentlemen.
Thank you, and welcome, everybody, to our call. And as usual, we will rely on the presentation that is available on our website. We assume that you have it in front of you, and we go to Page 17 of the presentation with the Q1 highlights.
In the first quarter of 2022, revenues are EUR 77.9 million, and that's down 0.5% year-on-year, and the mix of revenues is 44% from the Broking Division and 56% from the BPO Division. The operating income, the EBIT is EUR 16.5 million, which is up 3.1% year-on-year, and that is 64% from the Broking Division and 36% from the BPO Division. But you have to
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