Christian Nedelke
Analyst at UBS
Replay available
Aena Sme S.A Unsp/Adr (OTC: ANYYY) Q3 2025 earnings conference call, held 2025-10-29. Replay captured from the company's public earnings webcast.

Analyst at UBS
Analyst at Barclays
Head of Investor Relations
Analyst at Mediobanca
Analyst at Bank of America
Chairman and CEO
CFO
Analyst at Deutsche Bank
Analyst at Santander
Hello and thank you for standing by. My name is John and I will be your conference operator today. At this time, I would like to welcome everyone to the INA third quarter 2025 resource presentation. All lines have been placed in mute to prevent any background noise. After the speaker remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. And to withdraw your question, simply press star one again. I would now like to turn the conference over to Carlos Gallegos, Head of Investor Relations. Please go ahead. Good afternoon, everyone, and welcome to our nine-month 2025 resource presentation. This is Carlos Gallegos speaking, Head of IR. It's a real pleasure being with all of you today. Our Chairman and CEO, Mauricio Lucena, will host the call, together with Ignacio Castejón, CFO, and myself. As usual, we are going to cover the main topics explained in the resource presentation, and we will finish with a Q&A session. To stay on schedule, please limit each speaker to one question. Without further ado, I give the floor to Mauricio Lucena. Thank you. Thank you very much, Carlos. Good afternoon, everybody, and thank you for joining us to our nine-month 2025 results presentation. As usual, I will try to go through the key highlights of the period. Then I'll give the floor to our CFO, Ignacio Castejón, Nacho Castejón, And as always, we will conclude the conference call with a Q&A session. I will start with traffic, as usual. As you can see in the information we have conveyed this morning to the market, traffic volume across the AENA group grew by 4.1% year-on-year. In Spain, the increase was 3.9%. And I would like to stress clearly that we do confirm our 20...