Q4 2020 FILA Fabbrica Italiana Lapis ed Affini SpA Earnings Call Transcript
Good evening and welcome, everybody to at this meeting. We have taken the unusual decision to give a kind of preview of the expected numbers of the year 2020 because this exceptional year -- could this exceptional environment in which we are leaving continue. And of course, if we are, I think submerged by information coming from newspaper, you read about the second wave, third wave of COVID. We read about different states that close school or moved to [school in this concept].
So especially after the third quarter results, we have [lived] situation that got worse suddenly during the month of November. So we got that -- considering all the uncertainty around the economy, the uncertainty around our business, we wanted to give some qualitative indications on the capability of F.I.L.A and F.I.L.A management to drive, I would say properly, the company.
So, first of all, as you have understood from our press release, it is unbelievable. But at the end, our Indian and Mexican market has been almost closed until December 31,
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