Befesa S.A. (0RVK) Q4 2024 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Befesa Sa.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.870 -- 00:00:06.836 Good morning and welcome to the preliminary full year 2024 results conference call of 00:00:06.836 -- 00:00:11.883 VEFESA. I am Rafael Perez, CFO of VEFESA. This morning I am joined by our group 00:00:11.883 -- 00:00:14.586 CEO, Asier Zarraonandia. 00:00:14.586 -- 00:00:18.952 Asier will start with an executive summary of the period and then he will cover the business 00:00:18.952 -- 00:00:24.178 highlights of the steel dust as well as aluminum salt slag recycling business. 00:00:24.178 -- 00:00:28.484 I will then review the financials by business and will cover the evolution of commodity 00:00:28.484 -- 00:00:34.780 prices, our hedging program. And finally, cash flow, net debt, and capital allocation. 00:00:34.780 -- 00:00:40.326 Asier will close this presentation providing an update on the outlook for 2025 00:00:40.326 -- 00:00:45.992 and an update of our growth plan. Finally, we will open the lines for the Q&A session. 00:00:45.992 -- 00:00:50.156 Before getting started, let me remind you that this conference call is being webcasted 00:00:50.156 -- 00:00:56.163 live. You can find the link to the webcast preliminary full year 2024 00:00:56.163 -- 00:01:00.705 results presentation on our website, www.befesa.com. 00:01:01.186 -- 00:01:04.050 Now, let me turn this call over to our CEO. 00:01:04.050 -- 00:01:05.993 Asiel, please. 00:01:05.993 -- 00:01:08.473 Thank you, Rafa. 00:01:08.576 -- 00:01:12.341 Moving to page five of the business highlights. 00:01:12.341 -- 00:01:17.388 The FESA has delivered a strong four-quarter and four-year results despite 00:01:17.388 -- 00:01:22.475 a challenging macroeconomic environment, which demonstrates the resiliency 00:01:22.475 -- 00:01:24.939 of our business model. 00:01:24.939 -- 00:01:31.375...