Sophie Lang
Head of Investor Relations
Replay available
Barry Callebaut AG (LSE: 0QO7) Q4 2025 earnings conference call, held 2025-11-06. Replay captured from the company's public earnings webcast.

Head of Investor Relations
CEO
CFO
Analyst, UBS
Analyst, Kepler Cheuvreux
Analyst, Barclays
Analyst, JP Morgan
Analyst, Deutsche Bank
Good morning, everyone, and welcome to Barry Calabelt's full year results presentation for 2024-2025. I'm Sophie Lang, Head of Investor Relations, and today's session will be hosted by our CEO, Peter Feld, and our CFO, Peter Van Ester. Following the presentation, we'll have a Q&A session for analysts and investors. Please do limit yourself to no more than two questions. Before we start, please take note of the disclaimer on slide two. And I'd also like to inform you that the webcast and conference call today is being recorded. With that, I'll hand you over to our CEO, Peter Feltz. Thank you very much, Sophie. Good morning, everyone, and welcome to our fiscal year results presentation for 24-25. Today, we will also be sharing a strategic update covering the actions we have taken and are taking to build a more resilient Barrikalabout, delivery on our next-level objectives, and how we are unlocking future growth and shareholder value. Let me start with a few key messages. As you will hear in more detail from Peter Farnese shortly, in H2, we returned to cash generation and made strong progress on our deleverage agenda. This was supported by actions we've been taking on our BC Next Level journey and to step up resilience to market volatility. As we look to the year ahead, we have three clear focus areas. De-leverage to less than three and a half times net debt to EBITDA and delivering strong cash generation. Preparing for a return to growth with clear focus on customer experience, competitiveness and unlocking new innovative solutions for our customers. And third, relentlessly addressing optimization opportunities for the new environment. With that, I will hand over to Peter Farnesse to talk to the results. Thank you, Peter. And good morning, everybody. Let me walk you th...