Aryzta AG (0MFY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

And so Kleernox had plans to build on this land. So to ensure the development of the subsidiary, we've decided to buy the land as well. As usual, we've taken out a loan to finance this acquisition. It was the case for C2AI as well. So we've got working with our normal partners, CIC, Léonès de Banque and Société Générale. And again, these are seven year fixed rate loans without guarantees. That's the financial aspect in terms of management. There are two shareholders who will stay in the company, Francisco Quiles and Fernando Mari. And Lionel Monroe will represent Thermador Group as chairman and he will be joining them tomorrow. So they started on this integration process. So we're very happy, I would say. So it's an opportunity for us to welcome the 40 employees and directors from this company. who I'm sure have a fantastic future in Thermador Group. So welcome to all of you. So now look at the different distribution channels. It's complete. You're familiar with this chart. And just to show you where those two new companies sit in these channels. this configuration you see the key linux and cdi ri c2ai both in in the international industrial market and the international markets which corresponds to our strategy our long-term strategy which is based on industry and export So a quick look at the price effect because the negative price effect at the end of the third quarter has not changed compared to the second quarter. You see on the orange bars on this chart shows you the price effect. And remember that between 2021, 2022 and 2023, we've passed on prices beyond 20% increases to our customers. So this adjustment we're seeing now is completely natural and fairly moderate to the increases just after COVID. So new housing in France with a slightly more detailed curve tha...