A2A Spa Ord (AEMMF) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.800 Hello and welcome to the A2A full year 2025 results presentation. 00:00:05.800 -- 00:00:09.725 Please note, this conference is being recorded and for the duration of the call, your 00:00:09.725 -- 00:00:14.993 lines will be on listen-only mode. However, you will have the opportunity to ask questions 00:00:14.993 -- 00:00:20.241 at the end of the call. This can be done by pressing pound key five on your telephone 00:00:20.241 -- 00:00:25.649 keypad to enter the queue. I will now turn you over to your host, Marco Porro, 00:00:25.649 -- 00:00:28.273 Head of Investor Relations, to begin today's conference. 00:00:28.273 -- 00:00:30.642 Please go ahead. 00:00:30.642 -- 00:00:36.528 Good afternoon, everyone, and thank you for joining us for Fuliel 2025 00:00:36.528 -- 00:00:41.613 performance presentation. Today, as speakers, we have 00:00:41.613 -- 00:00:46.058 Renato Mazzoncini, our CEO, and Luca Moroni, our CFO. 00:00:46.058 -- 00:00:51.263 So I'll leave immediately the floor to Renato for the first part of the presentation, 00:00:51.263 -- 00:00:56.343 and then he will pass to Luca. Thank you. 00:00:56.343 -- 00:00:59.707 Okay, thank you Marco and good afternoon everyone. 00:00:59.707 -- 00:01:05.174 Thank you for joining us. We report another year of strong 00:01:05.174 -- 00:01:09.179 performance and value creation. 00:01:09.179 -- 00:01:14.305 The key message that we wish to share today is that we 00:01:14.305 -- 00:01:19.812 are on track, on trend and on target for 00:01:19.812 -- 00:01:22.330 short order returns. 00:01:22.330 -- 00:01:27.615 And so let's start from the slides 00:01:27.615 -- 00:01:32.079 that you can see. Slide number two 00:01:32.079 -- 00:01:33.901 highlights. 00:01:33.901 -- 00:01:39.566 Full year 25 results o...