Allianz Se Unsp/Adr (ALIZY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Allianz conference call on the Allianz Group Financial Results 2025. For your information, this conference call is being streamed live on Allianz.com and YouTube. A recording will be made available shortly after the call. At this time, I would like to turn the call over to your host today, Mr. Oliver Beter, Chief Executive Officer of Allianz SE. Please go ahead, Oliver. Thank you, Andrew, but I thought you were the host. But anyway, I will be delighted to speak to you today. Thank you for your attention. I know it's a bit of a cramped reporting season. And a few of our friends have changed their reporting, so apologies if we are having a lot of information at the same time for you. Let me go through the slides and I will refer to the respective page as I go through them. We would like to just put a frame on what are we discussing today because a lot of things always around reporting season are very short-term numbers comparison. The key thing I would like to highlight today is less than 15 months ago, we saw each other at the Capital Markets Day here. where we looked at the three-year plan and put out at the time what many of you called a very ambitious plan for the next three years. 2025 is actually the first year of delivery on the three-year plan. So let's bear in mind what we were looking at in December of 24 and how are we performing relative to the targets that we've given ourselves. And I find that very important in times of short-term anxieties and how we do. If we turn our attention, please, then, to page A4 in the deck, the highlights. We are on almost every measure above what we could imagine in December of 24, whether there's revenue base up 8% for last year, operating profit up. Up 8%. And again, we had some questions...