Half Year 2019 Pirelli & C SpA Earnings Call Transcript
Ladies and gentlemen, welcome to Pirelli's conference call in which the Executive Vice Chairman and CEO of Pirelli, Mr. Marco Tronchetti Provera, will present Pirelli's first half financial results as of June 30, 2019. (Operator Instructions) Moreover, a live webcast of the event and the presentation slides are available in the Investor Relations section of the Pirelli website.
I would now like to introduce Mr. Marco Tronchetti Provera. Please go ahead, sir.
Good evening, ladies and gentlemen, thank you for joining us today. Let me start with a brief overview on the current market dynamics and how Pirelli is addressing the new challenges, both in the short and medium terms. The car industry is grappling with an external environment that continues to be uncertain, with trade tariff negotiations slowly proceeding, Brexit approaching, and a weak demand. The transition to hybrid or full electric power trend, combined with the introduction of future stricter emission
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