Natuzzi, S.p.A.

You are now rejoining the main conference.

Thank you for standing by. Welcome to the Natruzzi STA 4th Quarter 2025 Financial Results Conference Calling Webcast. As a reminder, if you'd like to join the conference call via telephone, please dial 1-412-717-9633, then passcode 39259. In addition to the link already provided. Once again, to join via telephone, please dial plus 1-412-717-9633, then passcode 3925-2103. At this time, all participants are in listening-only mode. Follow the introduction or conduct a question-and-answer session. Instructions will be provided at that time for you to join the queue for questions. Joining us on today's call as usual are Pasquale Nutritzi, Executive Chairman and Chief Executive Officer, Carlos Silvestri, Chief Financial Officer, and Piero Genzo, Investor Relations. As a reminder, today's call is being recorded. I will now turn the conference call over to Piero.

Please go ahead. Thank you, Kevin, and good day to everyone. Thank you for joining the Natuzzi Conference Call for the 2025 Fourth Quarter Financial Results. After a brief introduction, we will give room for the Q&A session. Before proceeding, we would like to advise our listeners that our discussion today could contain certain statements that constitute forward-looking statements under the United States securities laws. Obviously, actual results might differ materially from those in the forward-looking statements because of risks and uncertainties that can affect our results of operations and financial conditions. Please refer to our most recent annual report on Form 20F filed with the SEC for a complete review of those risks. The company assumes no obligation to update or revise any forward-looking matters discussed during this call. And now I'd like to turn the call over to the company's chief executive officer. Please, Mr. Fruzzi.