Q1 2023 DiaSorin SpA Earnings Call Transcript
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the DiaSorin First Quarter 2023 Results Conference Call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Carlo Rosa, CEO of DiaSorin. Please go ahead, sir.
Yes. Thank you, operator. Good morning, and welcome to the DiaSorin Quarter One 2023 results. As usual, I'm going to make my comments at a constant exchange rate, and then I will allow our CFO, Mr. Pedron then to go through the numbers in great detail.
Let's start from the revenues, EUR 284 million, which is -- versus Q1 of 2022. Let's remember that there has been a change of perimeter since we have sold our Flow Cytometry business. So at constant perimeter business would be down 20%. And then there is a second factor that is clearly, COVID. COVID is down 80%, give or take, compared to what we had last year. So excluding also the COVID business and the effect of the respiratory season, which is a
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