Canal+Sa (CNALF) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:02.294 Good morning, and thank you for joining us. 00:00:02.294 -- 00:00:07.882 I am Maxime Sadar, CEO of Canal+. Welcome to the presentation of our 2025 results 00:00:07.882 -- 00:00:13.230 and strategic update. I am pleased to be joined today by Amandine Ferré, CFO 00:00:13.230 -- 00:00:18.698 of Canal+, David Mignot, CEO of Canal+, Africa, Christophe Pinard-Legri, 00:00:18.698 -- 00:00:23.746 CEO of Canal+, France, and Anna Marsh, Chief Content Officer of Canal+, 00:00:23.746 -- 00:00:26.643 and CEO of Studio Canal. 00:00:26.643 -- 00:00:30.669 Following the retirement of Jacques Dupuis, who has had a very significant contribution 00:00:30.669 -- 00:00:36.178 to Canal+, I am pleased to announce that Christophe and David will be joining Amandine, 00:00:36.178 -- 00:00:39.703 Anna and myself on the management board. 00:00:39.703 -- 00:00:44.551 I'm also pleased to announce that, subject to staff representative approval, Christophe 00:00:44.551 -- 00:00:48.036 Pinaludry will be leading Europe going forward. 00:00:48.036 -- 00:00:50.200 The achievements of 2025, 00:00:50.200 -- 00:00:55.229 which we will take you through shortly, are just a small part of what this team has delivered 00:00:55.229 -- 00:01:00.636 as what we have really done together over the last 10 years is turn around Canal+. 00:01:00.636 -- 00:01:05.543 This is the same team who will now turn around MultiChoice, together with the support 00:01:05.543 -- 00:01:10.206 from former leaders at MultiChoice who know their market. 00:01:10.950 -- 00:01:15.536 Before we start, I want to highlight that we have taken your feedback at heart and strive 00:01:15.536 -- 00:01:19.382 to give more insight on the performance of our activities. 00:01:19.382 -- 00:01:25.233 In this respect, ...