Azelis Group Nv (AZLGF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to Azalea's first half-year 2025 update call. With us today is Anna Bertona, Group CEO, who will give high-level insights into our progress in the first half of the year. Thijs Bakker, Group CFO, will take us through the numbers for the period. As a reminder, this presentation may contain forward-looking statements that are subject to risk. We will open the call for Q&A after the presentation, but until then, you will be on listen-only mode. I will now hand you over to Anne. Anne? Thanks, Pam, and good day, everyone. Thank you for dialing in today. I understand from Pam that most of you are very busy with multiple companies queuing their results this week, and especially today, so we will be sharp and efficient. And let's start immediately on the next slide. I want to begin with the most important messages based on our progress in the first half of 2025. First, we see areas of growth across our business, even as volatility has increased throughout the past four months. This is reflected in organic revenue growth staying in positive territory for the first half of the year. As you may have seen from the half-year report, our positive results in EMEA offset the slowdown in the US in the second quarter and the ongoing pressure in APEC. I will go through the trends across end markets and regions on a later slide, highlighting the benefits of our diverse global footprint. Second, as the market becomes more challenging, the resilience of our business model becomes more evident. This is demonstrated in the higher cash flows, even as the impact of our cost-saving measures are not yet fully reflected in the results of the first half year. The last and key point is this. The market is going through some temporary challenges, mostly driven by trade discussi...