Deutsche Boerse Ag Namen (DBOEF) Q4 2025 Earnings Call

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WEBVTT 00:00:01.583 -- 00:00:06.252 Good afternoon, ladies and gentlemen, and welcome to the Deutsche Börse AG analyst and 00:00:06.252 -- 00:00:12.925 investor conference call regarding the preliminary Q4 and full year results of 2025. 00:00:12.925 -- 00:00:17.013 At this time, all participants have been placed on listen-only mode, and the floor will 00:00:17.013 -- 00:00:20.119 be open for questions following the presentation. 00:00:20.119 -- 00:00:24.103 Let me now turn the floor over to Mr. Jan Strecker. 00:00:24.230 -- 00:00:28.735 Welcome, ladies and gentlemen, and thank you for joining us today to review our financial 00:00:28.735 -- 00:00:32.879 results for the fourth quarter and the full year of 2025. 00:00:32.879 -- 00:00:37.865 Present on today's call are Stefan Leitner, our Chief Executive Officer, and Jens Schulte, 00:00:37.865 -- 00:00:42.810 our Chief Financial Officer. Stefan and Jens will take you through the presentation, 00:00:42.810 -- 00:00:47.055 and following their remarks, we will open the line for your questions. 00:00:47.055 -- 00:00:51.700 The presentation materials have been distributed by email and are also available for 00:00:51.700 -- 00:00:54.503 download on our investor relation website. 00:00:54.503 -- 00:00:59.531 This call has been recorded and a replay will be made available shortly after the conclusion 00:00:59.531 -- 00:01:03.958 of today's session. With that, let me now hand over to you, Stefan. 00:01:03.958 -- 00:01:09.047 Thank you, Jan, and welcome, everyone. In 2025, we achieved 00:01:09.047 -- 00:01:14.195 record-breaking top and bottom line financial results, successfully executing 00:01:14.195 -- 00:01:17.200 our strategy and delivering on our guidance. 00:01:17.200 -- 00:01:22.212 This demonstrates the strength and resi...