Adecoagro S.A. (0DWL) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.937 Good morning, ladies and gentlemen, and thank you for waiting. 00:00:03.937 -- 00:00:10.107 At this time, we would like to welcome everyone to ADECO Agro's third quarter 2025 results 00:00:10.107 -- 00:00:13.652 conference call. Today with us, we have Mr. 00:00:13.652 -- 00:00:18.660 Mariano Bosch, CEO, Mr. Emilio Nieco, CFO, Mr. 00:00:18.660 -- 00:00:23.488 Renato Junqueira Pereira, Sugar, Ethanol and Energy VP, and Ms. 00:00:23.488 -- 00:00:27.911 Victoria Cabello, Investor Relations Officer. 00:00:29.849 -- 00:00:34.461 We would like to inform you that this event is being recorded and all participants will 00:00:34.461 -- 00:00:38.451 be in listen-only mode during the company's presentation. 00:00:38.451 -- 00:00:43.665 After the company's remarks are completed, there will be a question and answer section. 00:00:43.665 -- 00:00:47.349 At that time, further instructions will be given. 00:00:51.382 -- 00:00:56.429 Before proceeding, let me mention that forward-looking statements are based on the 00:00:56.429 -- 00:01:01.837 beliefs and assumptions of EDECO Agros management and on information currently available 00:01:01.837 -- 00:01:07.084 to the company. They involve risks, uncertainties and assumptions because 00:01:07.084 -- 00:01:11.911 they relate to future events and therefore depend on circumstances that may or may not 00:01:11.911 -- 00:01:17.661 occur in the future. Investors should understand that general economic conditions, 00:01:17.661 -- 00:01:23.050 industry conditions and other operating factors could also affect the future results 00:01:23.050 -- 00:01:28.380 of ADECO Agro and could cause results to differ maturely from those expressed 00:01:28.380 -- 00:01:33.629 in such forward-looking statements. Now, I will tu...