CMB.TECH NV Ordinary Shares (CMBT) Q3 2025 Earnings Call

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WEBVTT 00:00:01.043 -- 00:00:06.148 Good afternoon and welcome to the CNB Tech earnings conference 00:00:06.148 -- 00:00:11.514 call for the third quarter of 2025. My name is Alexandre Sévrys 00:00:11.514 -- 00:00:18.159 and I'm joined by my colleagues Ludovic Sévrys, Enya Derkenden and Jois Daman. 00:00:19.242 -- 00:00:23.586 We have the usual topics we want to discuss with you today, starting with our financials 00:00:23.586 -- 00:00:28.398 and the highlights of the quarter. We will then move to the marine division market update 00:00:28.398 -- 00:00:32.944 and we will close with the conclusion and Q&A. 00:00:32.944 -- 00:00:38.051 I would like to start with the financial highlights and will therefore hand over to 00:00:38.051 -- 00:00:40.354 our CFO, Ludovic. 00:00:40.354 -- 00:00:44.119 Thanks, Alex. If you move to the next slide. 00:00:44.119 -- 00:00:49.026 This is the typical overview of our company now post-Golden Ocean merger. 00:00:49.026 -- 00:00:53.632 We have roughly $11 billion worth of assets on the water and being constructed, over 00:00:53.632 -- 00:00:55.194 250 00:00:55.194 -- 00:01:01.231 ships. and we'll go further towards the metrics at a later 00:01:01.231 -- 00:01:06.520 time in the slide deck um but uh if you move to next slide alex 00:01:06.520 -- 00:01:11.970 you'll see that we finished the quarter uh with the result of roughly 17 million 00:01:11.970 -- 00:01:17.998 dollars of net profits um our ebda is to that $238 million, where 00:01:17.998 -- 00:01:23.403 we end the quarter with ample liquidity. We have more than $555 million worth of 00:01:23.403 -- 00:01:28.147 liquidity in the company. The contract backlog stayed the same, which means that we added 00:01:28.147 -- 00:01:32.491 a little bit compared to the natural attrition we have q...