ADF Group Inc. (DRX) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.777 Good morning, ladies and gentlemen, and welcome to ADF Group, Inc. 00:00:03.777 -- 00:00:07.980 Results for the fiscal year ended January 31st, 2025. 00:00:08.063 -- 00:00:12.189 At this time, note that all participants are in a listen-only mode. 00:00:12.189 -- 00:00:16.977 Following the presentation, we will conduct a question-and-answer session. 00:00:16.977 -- 00:00:21.343 And if at any time during this call you require immediate assistance, please press star 00:00:21.343 -- 00:00:25.910 zero for the operator. Also note that the call is being recorded on Thursday, April 10th, 00:00:25.910 -- 00:00:27.672 2025. 00:00:27.672 -- 00:00:30.095 And I would like to turn the conference over to Mr. 00:00:30.095 -- 00:00:33.860 Jean-François Bourcy, ADF Group's Chief Financial Officer. 00:00:33.860 -- 00:00:36.104 Please go ahead, sir. 00:00:36.104 -- 00:00:41.191 Thank you. Good morning. Welcome to ADF's conference call covering the 12-month 00:00:41.191 -- 00:00:44.575 period and the January 31, 2025. 00:00:44.575 -- 00:00:50.583 With me today, Jean Paschini, ADF CEO, who will be available to answer your questions. 00:00:50.583 -- 00:00:55.110 Once again, we are very pleased with the improvements in our results over the recent 00:00:55.110 -- 00:00:59.617 years and more particularly during fiscal 2025. 00:00:59.617 -- 00:01:04.965 Unfortunately, these very good results are overshadowed by the uncertainty 00:01:04.965 -- 00:01:10.212 coming from the US tariffs that are not only increasing our costs, but also creating 00:01:10.212 -- 00:01:15.158 uncertainties in our markets. We will provide additional information about these tariffs 00:01:15.158 -- 00:01:19.444 later based on the most recent and available updates. 00:01:19.444 -- 00:01:...