Half Year 2023 Avio SpA Earnings Call Transcript
Good morning. This is the Chorus Call conference operator. Welcome and thank you for joining the Avio First half 2023 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 and thank you for joining the first half results for Avio. As usual, I will be joined by our CFO, Alessandro Agosti. So if we turn to Page 2, we will go over some highlights with me and focus on the results of first half 2023 and then Alessandro will follow up with a detailed view of financials. Then I will come back to explain to you the expected outlook and the opportunities. So turning to Page 3, what are the main highlights of this first half of 2023? First of all, we reached a record high order backlog and cash and we will talk about it and we slightly improved the revenues and profits compared to the first half of last year. The next Vega launch is scheduled for October 4 so it's coming up very soon and we
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