Maire Tecnimont Spa

Good evening and welcome to the My Days 9 Months 2026 Results Conference Call. Please note that this conference is being recorded. During the presentation, all participants will be in listen-only mode with an opportunity to ask questions at the end of the call. I will now hand over to Sylvia Guidi, Head of Investor Relations, to begin today's conference. Sylvia, please go ahead.

Good afternoon, everybody, and thank you for joining MIRE's nine-month, 2026 Financial Results Conference Call. My name is Silvia Guidi, and I'm the head of the Investor Relations. Today, I'm joined by Alessandro Bernini, Group CEO, Mariano Avanzi, Group CFO, and Fabio Friterli, NextCam Managing Director. They will walk you through the operating highlights of our business units, followed by an overview of our financial results. At the end of the presentation, we will be happy to take your questions. Let me now hand over to Alessandro for some introductory remarks.

Thank you. Thank you, Silvia, and good afternoon, everyone. So the first nine months of 2026 further confirmed the resilience of our business model. In the Middle East, the safety of our people remains our top priority. Through continuous engagement with clients and partners, we have maintained execution momentum and proactively adapted to evolving conditions. Against this backdrop and leveraging on a diversified project portfolio, we delivered €5.6 billion of revenues. EBITDA margin increased to 7.4%, up 60 basis points year-on-year. This result reflects NexChem's growing contribution and the operating leverage generated by large-scale ENC projects.