Q4 2023 MFE-MEDIAFOREUROPE NV Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the full-year 2023 results presentation. Today, the presentation will be hosted by Marco Giordani, Group CFO; and Matteo Cardani, Managing Director of Publitalia.
Now, I'll hand over immediately to Matteo for the audience and advertising outlook. Matteo, please, go ahead.
Thank you, Sara. Good morning, everybody. Thank you for attending our results presentation. We will go over the fiscal year '23 numbers with a sharp review of ongoing indicators for current trading. So let's start with a review of the overall economic situation.
Thanks to the reduction in inflation, we stood at the plus 5.7% at year end '23, but that in the last quarter of the year, and in the first few months of '24, it's falling down below 1%. We can report a positive evolution in the Confidence Index for both businesses and consumers, which grew month by month in Q4 '23, as you can see in chart number
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