Amundi Sa (AMDUF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, good morning all. I'm Cyril Meillon, the Head of Investor Relations at Amundi, and it's a real pleasure to welcome you today in the not-so-sunny London for a presentation of our full year and fourth quarter results. We are here in our London office, and this is a hybrid event. So we will have people in the room and people online via Zoom. We shall have a presentation by our CEO, who is here with me, Valérie Bodson. And our deputy CEO, Nicolas Calcoune, presentation will last for about 30 minutes. And as usual, it will be followed by a Q&A session for as long as it takes. So ask any questions. The questions can be asked, obviously, in the room as well as online. To do so, just raise your hands, albeit virtually if you are online, and we shall open your mic if you are online again. Please also open your cameras so that it is a more lively dialogue. And unfortunately, before we get started, a very short disclaimer. Throughout the presentation, we will make some forward-looking statements and mention forecasts. We call your attention to the fact that Amundi's actual results may differ from these statements. Some of the factors that may cause the results to differ materially are listed in our universal registration documents. And Amundi assumes no duty and does not undertake to update any forward-looking statements. And after this task, I leave the floor to Valérie. Thank you. Well, thank you Cyril and good morning everyone in the room and behind the screen. We are very pleased to present our Q4 and full year 2025 results, which reflect both our record activity and the core elements of our Invest for the Future 2028 plan. So I will take you through some key highlights before Nicolas, as usual, looks at our activity and financial results in more detail. First, our a...