Aroundtown Sa Ord (AANNF) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.284 -- 00:00:05.570 Good morning, everybody. Thank you for joining us for Around Town's H1 2025 00:00:05.570 -- 00:00:10.336 results call. You can view this presentation on Around Town's website, either on the 00:00:10.336 -- 00:00:15.282 home section or under financial reports of the investor relations section. 00:00:15.282 -- 00:00:21.630 Guiding you through the presentation today will be CEO Barak Bahen, CFO Eyal Ben-David, 00:00:21.630 -- 00:00:27.417 Executive Director Frank Rosain, Chief Capital Markets Officer Timothy Wright, 00:00:27.417 -- 00:00:34.125 Chief Sustainability Officer Limor Behrmann, Deputy CEO Kamal Deep Manatkala, 00:00:34.125 -- 00:00:37.309 Designated CFO Jonas Tintenort, 00:00:37.309 -- 00:00:41.415 and representatives from Grand City Properties are also present. 00:00:41.415 -- 00:00:46.182 For the duration of the call, all participants will be on a listen-only mode. 00:00:46.182 -- 00:00:50.608 Following our presentation, you will have the opportunity to ask questions. 00:00:50.608 -- 00:00:54.433 With that, I would like to hand over to Barak and the rest of the team who will guide 00:00:54.433 -- 00:00:57.735 you through the presentation of our results. 00:00:58.439 -- 00:01:04.040 Good morning, and thank you for joining us for our H1 2025 results presentation. 00:01:04.040 -- 00:01:08.928 Over the past month, we have observed positive developments, and we believe that we could 00:01:08.928 -- 00:01:11.910 be at a turning point. 00:01:12.434 -- 00:01:17.203 At the macro level, the struggling German economy is showing signs of recovery with sentiment 00:01:17.203 -- 00:01:22.567 improving, and GDP growth is expected to return to positive territory. 00:01:22.567 -- 00:01:27.334 Government stimulus plans are driving investme...