Avolta Ag Unsp/Adr (DUFRY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Avolta Q3 Trading Update conference call and live webcast. I am Valentina, the Chorus Call Operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by a Q&A session. You can register for questions at any time by pressing STA and 1 on your telephone. Webcast viewers may submit their questions or comments in writing via the relative field. For operator assistance, please press star and zero. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Mr. Javier Rossignol, CEO of Abolta. Please go ahead. Good morning, good afternoon, good evening. Welcome and thank you for being today in these first nine months 2025 results for Abolta. I'll go straight to the presentation. to the highlights nine months. We have reported for the first nine months of the year a total turnover of 10.6 billion Swiss francs, which is a growth of 5.8% versus last year, and an organic growth of 5.4%. Our EBITDA margin has reached 10.2%. an expansion of 30 basis points versus the same period of last year. And with that is now, I think, 16 quarters in a row where our EBITDA margin has expanded year on year. Thanks to this expansion and other optimization measures, we have reached our highest ever EBITDA. Equity-free cash flow reaching $503 million on the first nine months. Thanks to that, our leverage has decreased from two times, reaching 1.9 times, well ahead of expectations. Particularly impressive, taking into consideration that we continue a growing policy of dividend distribution and the share buyback for second year in a row. October has been a very good month with a 6% organic growth. Quarter three ...