Carrefour Sa (CRERF) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.138 Good day and thank you for standing by. Welcome to the CAFA full year 2025 webcast 00:00:05.138 -- 00:00:09.683 and conference call. At this time, all participants are in a listen only mode. 00:00:09.683 -- 00:00:13.188 After the speaker's presentation, there'll be a question and answer session. 00:00:13.188 -- 00:00:17.253 To ask a question during the session, you will need to press star one and one on your 00:00:17.253 -- 00:00:21.879 telephone. You will then hear an automated message advising your hand is raised. 00:00:21.879 -- 00:00:25.364 To withdraw your question, please press star one and one again. 00:00:25.364 -- 00:00:29.056 Please be advised that today's conference is being recorded. 00:00:29.056 -- 00:00:32.400 I would now like to have the conference with your first speaker today, Mr. 00:00:32.400 -- 00:00:36.942 Bompard, Chairman and CEO. Please go ahead. 00:00:37.044 -- 00:00:42.230 Merci. Good evening, everyone. Thank you for joining us for the presentation of 00:00:42.230 -- 00:00:44.973 our 2025 results. 00:00:44.973 -- 00:00:51.179 As you know, we look forward to welcoming you tomorrow morning in Massy for the presentation 00:00:51.179 -- 00:00:54.063 of our new strategic plan. 00:00:54.063 -- 00:00:59.026 Today's call will mostly focus on 2025 achievements. 00:00:59.026 -- 00:01:05.072 On a strategic note, we accelerated our portfolio reshaping, 00:01:05.072 -- 00:01:10.518 taking full control of Carrefour Brazil, disposing of Carrefour Italy, and signing 00:01:10.518 -- 00:01:15.443 an exclusivity agreement last week regarding Carrefour Romania. 00:01:15.443 -- 00:01:20.709 If I come to operations, we pushed our transformation and our investments 00:01:20.709 -- 00:01:25.714 forward in our three key countries, ...