Barry Callebaut AG (0QO7) Q4 2024 Earnings Call

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WEBVTT 00:00:01.550 -- 00:00:07.077 Good morning, everyone, and welcome to Barry Callebaut's full year 23-24 results presentation. 00:00:07.077 -- 00:00:10.522 I'm Sophie Lank, Head of Investor Relations, and it's my pleasure to welcome those of 00:00:10.522 -- 00:00:14.947 you in person today at the Sixth Convention Centre in Zurich, and also welcome to those 00:00:14.947 -- 00:00:17.731 of you online joining us via webcast. 00:00:17.731 -- 00:00:22.016 Our session today will be hosted by our CEO, Peter Fels, and our CFO, Peter Vanesta. 00:00:22.016 -- 00:00:25.241 We're, of course, going to cover the full year results, as well as some strategic updates 00:00:25.241 -- 00:00:28.938 and progress on our BC Next Level Transformation Programme. 00:00:28.938 -- 00:00:32.624 Before we get started, of course, just draw your attention to the usual disclaimer and 00:00:32.624 -- 00:00:35.349 to remind you that today's session is being recorded. 00:00:35.349 -- 00:00:38.434 And with that, I hand you over to our CEO, Peter Feld. 00:00:38.434 -- 00:00:42.020 Thank you very much, Sophia, and good morning to all of you here in the room as well 00:00:42.020 -- 00:00:47.288 as online. Thank you very much for joining our full year results conference today. 00:00:47.288 -- 00:00:52.437 Let me start in saying a big, big thank you to my entire organization at 00:00:52.437 -- 00:00:57.793 Barik Kalebaut. The past year has been probably a year of the biggest disruption, 00:00:57.793 -- 00:01:02.882 as you all are aware, in the global sourcing of cocoa, as well as the pricing 00:01:02.882 -- 00:01:07.870 fallouts that we have seen. And in addition to that, we continued and we built out our 00:01:07.870 -- 00:01:12.678 first year on our next level investment program to set Barik Kalibaut u...