Q2 2022 OVS SpA Earnings Call Transcript
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the OVS First Half 2021 Results Presentation. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Stefano Beraldo, CEO of OVS. Please go ahead, sir.
Thank you, and good afternoon to everyone. Thank you for being here to the half year results. I'm here with my team. So after the presentation, we are available for your questions.
First of all, let me say that obviously, I'm very happy about the results of the first half. I'm very happy because we had the highest EBITDA ever. We had also the highest EBITDA margin ever. And because we had a full recovery of net financial position in 24 months, meaning that we have now absorbed EUR 420 million -- EUR 430 million of revenues lost due to the several lockdowns. Today, we are in term of net financial position EUR 50 million better than 2 years ago before the pandemic started. But I'm even more happy as our
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