Dometic Group AB (publ) (DOM) Q4 2025 Earnings Call

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WEBVTT 00:00:01.145 -- 00:00:06.332 Welcome to Dometic Q4 Report, 2025. Today I 00:00:06.332 -- 00:00:11.518 am pleased to present CEO Juan Vargas, CFO Stefan Freestet, 00:00:11.518 -- 00:00:15.143 and Head of Investor Relations, Tobias Norby. 00:00:15.143 -- 00:00:20.590 For the first part of the call, all participants will be in listen-only mode. 00:00:20.590 -- 00:00:25.657 During the questions and answers session, participants are able to ask questions by 00:00:25.657 -- 00:00:29.731 pressing pound key 5 on their telephone keypad. 00:00:29.731 -- 00:00:33.554 now i will hand the conference over to the speakers 00:00:33.554 -- 00:00:36.515 please go ahead do 00:01:00.680 -- 00:01:02.342 Your line is muted. 00:01:02.342 -- 00:01:04.342 Hello? 00:01:19.982 -- 00:01:21.982 Hello? 00:01:30.127 -- 00:01:32.648 Can you hear us? 00:01:39.699 -- 00:01:42.303 Yes, we heard it. Okay. 00:01:42.303 -- 00:01:47.249 So good morning, everybody. Well, I would like to start by apologizing for the technical 00:01:47.249 -- 00:01:52.356 problems, but we are back. So good morning, everybody, and welcome to this 00:01:52.356 -- 00:01:57.062 Q4 and full year webcast for 2025. 00:01:57.062 -- 00:02:00.637 With that said, let's move into the presentation. 00:02:00.637 -- 00:02:05.887 Starting with highlights, market, the overall market conditions are still 00:02:05.887 -- 00:02:07.887 challenging. 00:02:07.891 -- 00:02:11.317 Consumer confidence is still not what we would like it to be. 00:02:11.317 -- 00:02:12.820 And 00:02:12.820 -- 00:02:18.130 at the same time, retailers and dealers as well as OEMs are still cautious 00:02:18.130 -- 00:02:20.380 in building inventories. 00:02:20.380 -- 00:02:25.628 Having said that, we also feel that inventories at retail level 00:02:25.628 -- 00:02:...