Cie Automotive Sa Ord (CUOTF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.211 -- 00:00:02.555 Welcome to the presentation results of Q2. 00:00:02.555 -- 00:00:07.502 I would like to remind you that you would be able to ask your questions via the webcast 00:00:07.502 -- 00:00:12.069 and the conference will start very soon. Thank you for your patience and thank you very 00:00:12.069 -- 00:00:15.371 much for waiting. 00:01:13.899 -- 00:01:18.483 Good afternoon everyone and welcome to this results presentation of the Automotive TV 00:01:18.483 -- 00:01:22.807 Hercules, Jesus Maria Sa Ord and Lorea Aristizabal, who is the Director for Corporate 00:01:22.807 -- 00:01:26.191 Development. At the end of the presentation, there will be questions, but you would only 00:01:26.191 -- 00:01:30.274 be able to ask your questions in writing by using the tool in the webcast. 00:01:30.274 -- 00:01:34.717 And now I'm going to give the floor to Lorea, so please go ahead Lorea. 00:01:35.448 -- 00:01:40.851 Hello good afternoon everybody and welcome to this Q2 presentation 00:01:40.851 -- 00:01:45.894 and we're going to kick off by reviewing the evolution of the different markets in Q2 00:01:45.894 -- 00:01:50.716 and once again we've seen that there's been an important divergence between geographies 00:01:50.716 -- 00:01:55.939 and each region has evolved at different speeds and with a completely different dynamic 00:01:55.939 -- 00:02:00.227 approach but let's kick off by reviewing Europe 00:02:00.227 -- 00:02:06.749 Where production has been reduced by 2% during the quarter with a 00:02:06.910 -- 00:02:10.272 drop of more than 1% in the first half of the year. 00:02:10.272 -- 00:02:15.895 However, sales are still very positive with plus 4% in the quarter 00:02:15.895 -- 00:02:19.757 and plus 4% in the half year. 00:02:19.757 -- 00:02:25.176 An...