Cemetir Holding (CMTHF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening. This is the course called Conference Operator. Welcome and thank you for joining the Chairman-Tier Holding first nine-month 2025 results conference call. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero on their telephone. At this time, I would like to turn the conference over to Mr. Marco Maria Bianconi, Head of M&A and Investor Relations. Please go ahead, sir. Thank you. Good afternoon and good morning, everybody, and welcome to Chairman Searholding's 2025 nine-month results presentation. I am here with our Chairman and Chief Executive, Francesco Cartagirone, who is happy to take your question at the end of my short presentation. I will go through the presentation deck, which has been distributed, starting with page number two, with the key takeaways about our results. The first point is that the microeconomic scenario is still characterized by high uncertainty, driven by geopolitical and trade tensions, and further exacerbated by protectionist measures in the U.S. which are affecting actually the global economic growth rate. First nine months results were in line with our expectations with a third quarter showing improvement both in cement and in aggregate volumes. Revenues were broadly stable with slightly lower EBITDA compared to the same period of last year, mainly due to 12.5 million euro negative currency effect and 2.7 million euro net non-recurring charges. There were two non-recurring events which affected the operating performance in the period. First was a fire in the alternative fuel feeding system in Belgium, and the second were technical issues with ...