Danone S.A. (DANOY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. Welcome to the Danone 2025 Annual Results Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1 1 again. Please be advised that today's conference is being recorded. Our speakers today will be Antoine de Saint-Afrique, CEO, and Jürgen Esser, CFO. I would now like to hand the conference over to your speaker today, Mathilde Rodier, Head of Investor Relations. Please go ahead. Thank you. Good morning, everyone. Mathilde Rodier speaking, Head of Investor Relations. Thank you for being with us this morning for Balance Full Year 2025 Results Course. I'm here with our CEO, Antoine de Saint-Afrique, and our CFO, Jurgen Ester, who will go through some prepared remarks before taking your questions. And before we start, I draw your attention to the disclaimer on slide 44 of the presentation related to forward-looking statements and the definition of financial indicators that we'll refer to during the presentation. And with that, let me hand it over to Antoine. Thank you, Mathilde. Good morning, everyone, and a warm welcome to you all. Thanks for joining Jürgen and me today for our full year results, 25. Moving to slide three, before we focus on what is a very good set of results, I thought it was important to talk about the recent developments regarding infant milk formula. It is obviously top of mind for everyone, and to start with, and most importantly, for all the families that rely on us daily. I know how much the current events are disturbing and...