Sam Morton
Analyst, Invesco
Replay available
Atos SE (OTC: AEXAF) Q3 2025 earnings conference call, held 2025-10-21. Replay captured from the company's public earnings webcast.

Analyst, Invesco
Analyst, Kepler-Chivroux
Analyst, AutoBHF
Analyst, Bank of America
CFO
Chairman and CEO
ladies and gentlemen welcome to the autos group third quarter 2025 performance the call will be structured in two parts first a presentation by the autos group management team represented by philippe sal chairman and ceo and jacques francois de prest cfo afterwards there will be a q a session during this session you may only ask question by telephone by dialing pound key 5 on your telephone keypad to enter the queue i will now hand over to the management team gentlemen please go ahead Thank you, operator. Good morning, everybody. Good afternoon for some of you in Asia. So we're going to do a presentation, and then after that, of course, taking all the questions you have. I'm, of course, together with Jacques Francois, the CFO of the group, and Marie, the ER of the group. So let's start with the first slide. So we're going to go on. One more. Okay, perfect. So in Q3, first, the performance is in line, I would say, with the full-year profitability and cash trajectory. I think it's very important. I understand, in fact, that probably the team has the credit and cash and cost. And, of course, we are spending quite a lot of time, I would say, on the top line, and I will give you more info during this call. The second is on bottom left. The Genesis plan is in motion to restore the strong financial performance. I just want to highlight that Genesis is a two-part project for me. The first one is the project on cost. And as you see, we are doing the job. We will probably execute Genesis on this one by mid-26. We estimate that probably in 18 months, we will have finished probably the job, except one or two countries where, of course, it's a little bit slower because it takes more time. I would say to the negotiations with the unions and you can imagine what countries are there...