Diasorin SpA (MIL:DIA)
€ 100.15 -0.1 (-0.1%) Market Cap: 5.34 Bil Enterprise Value: 6.15 Bil PE Ratio: 28.28 PB Ratio: 3.30 GF Score: 97/100
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Q3 2022 DiaSorin SpA Earnings Call Transcript

Oct 27, 2022 / 01:00PM GMT
Release Date Price: €125.6 (-7.65%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the DiaSorin Third Quarter 2022 Results Conference Call. (Operator Instructions) I would like to turn the conference over to Mr. Carlo Rosa, CEO of DiaSorin. Please go ahead, sir.

Carlo Rosa
DiaSorin S.p.A. - CEO, GM & Executive Director

Yes. Thank you, operator. Ladies and gentlemen, good afternoon, and welcome to the quarter 3 conference call results. As usual, we're going to shed some colors on the quarter results in terms of the top line and the main fundamentals of the business. And then our Chief Financial Officer is going to take you through the numbers. So let's start from the top line. I remind everybody is going to comment on a constant exchange rate. As you know, otherwise, all the numbers are heavily affected by the revaluation of the dollars.

So at constant exchange rate, the business in the quarter performed at minus 14% versus last year that is according to expectations. And the reason for the decline is attributable to the COVID as you

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