Q4 2022 Avio SpA Earnings Call Transcript
Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Avio Full Year 2022 Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Giulio Ranzo, CEO. Please go ahead, sir.
Good morning to you all. Thank you for joining the fiscal year '22 Avio results call. I hope you all have the presentation of our results. I will start from the highlights on Page 3.
So mainly 2022 ended in the -- within the guidance, but with a better long-term visibility than we had anticipated. In fact, we reached the revised guidance that we gave in September after the sudden surge of the energy cost, if you may recall. And then in the last part of the year, we achieved a better-than-expected backlog into cash position which provides a much better long-term visibility than we had anticipated.
Profits in 2022 were impacted by an unforeseeable surge in energy costs, which were driven by the Russia-Ukraine conflict as you very
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
