Azelis Group Nv (AZLGF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to Azalea's full year 2025 results presentation. My name is Pam Ante, investor relations. I have Anna Bartona, group CEO, who will present the key developments in 2025. We are also joined by our new group CFO, Boris Kamboulala, who will present the financial results of the group. Anna will then conclude the presentation with some remarks on the outlook before we open the floor for Q&A. As a reminder, this presentation may contain some forward-looking statements that are subject to risk. Please note that all lines are on listen-only mode until we open for Q&A. We will make a recording of the presentation available online later today. With that, I'm handing the floor to Anna. Thanks, Fem, and good morning, everyone. Thank you for dialing in. I understand it's a busy day for corporate earnings, so I appreciate that you're taking the time to join us. And I'm also very happy to sit here with Boris, our new group CFO. So please join me in welcoming Boris in his first Azelis earnings call. And I'm sure that you will have an opportunity to engage with him along with the rest of the Azelis IR team in the coming days. Let me start with the key takeaways from our results. In a year marked by tariff uncertainty and software demands, we continued to execute on our long-term strategy and made progress in becoming the reference in the industry for our customers and principals. I will give more details later in the presentation. Second, we delivered strong growth in free cash flow. While momentum remains muted overall, we continue to focus on what we can control, cost, working capital and cash optimization. Our performance underscores the resilience of our business model and the structural downside protection it provides through the cycle. Third, we are sharpeni...