Azelis Group Nv (AZLGF) Q3 2025 Earnings Call

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WEBVTT 00:00:01.212 -- 00:00:05.075 Good morning and welcome to Zalos' nine-month trading update call. 00:00:05.075 -- 00:00:09.620 As usual, we have Anna, Group CEO, and Thais, Group CFO, with us. 00:00:09.620 -- 00:00:13.743 Anna will give a high-level overview of our performance and a few words on the outlook 00:00:13.743 -- 00:00:17.827 at the end of the presentation. Thais will walk us through the numbers. 00:00:17.827 -- 00:00:22.131 We will take questions after the presentation, but until then, you will be on listen-only 00:00:22.131 -- 00:00:27.576 mode. We would like to remind you that the presentation and Q&A may contain forward-looking 00:00:27.576 -- 00:00:32.532 statements that are subject to risk. Now let me hand you over to Anna. 00:00:32.532 -- 00:00:37.239 Thanks, Ben, and good morning, and thank you for joining us today. 00:00:37.239 -- 00:00:41.946 I will go off script a bit here and open the call by addressing our announcement regarding 00:00:41.946 -- 00:00:47.094 our Group CFO. As you have read, after 10 years of service, Thijs has decided 00:00:47.094 -- 00:00:52.542 that it's time for him to move on and get cracking with new challenges outside of Azelis. 00:00:52.542 -- 00:00:57.666 Thijs started at Azelis three years after I did, And I was then CEO of EMEA, 00:00:57.666 -- 00:01:02.712 and he decided to fill in the open EMEA CFO position at Interim, next to his 00:01:02.712 -- 00:01:07.979 group role. Originally for a short time, but he continued in this role until 00:01:07.979 -- 00:01:13.066 I moved to the group CEO position. So we have worked together very closely for 00:01:13.066 -- 00:01:18.853 10 years. When he joined Azelis, we had an EBITDA of 90 million, 00:01:18.853 -- 00:01:23.888 leverage of almost 7 million, and a disjointed fina...