emeis Société anonyme (ORPEF) Q4 2025 Earnings Call

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WEBVTT 00:00:01.195 -- 00:00:06.323 Ladies and gentlemen, welcome to the MIE's conference call regarding its full year 2025 00:00:06.323 -- 00:00:09.427 results. It will be structured in two parts. 00:00:09.427 -- 00:00:13.494 First, a presentation by MIE's management team, represented by Mr. 00:00:13.494 -- 00:00:19.222 Laurent Guillot, Group CEO, and Mr. Jan-Marc Boursier, Group CFO. 00:00:19.222 -- 00:00:24.150 Afterwards, there will be a Q&A session during which you can ask oral or written questions. 00:00:24.150 -- 00:00:26.293 I will now hand over to the management team. 00:00:26.293 -- 00:00:28.837 Gentlemen, please go ahead. 00:00:28.837 -- 00:00:33.525 Thank you. And good morning to everyone. And thank you once again for attending this 00:00:33.525 -- 00:00:37.030 webcast for Full Year Earnings 2025. 00:00:37.030 -- 00:00:42.178 Before answering to your question with our deputy CEO and CFO, Jean-Marc 00:00:42.178 -- 00:00:48.846 Boursier, we'll share with you a few thoughts regarding this year, 2025 00:00:49.270 -- 00:00:51.078 and 2026. 00:00:51.078 -- 00:00:56.864 I will begin my presentation by reviewing some of the group's key characteristics, 00:00:56.864 -- 00:01:01.648 which many of you already are familiar with. 00:01:01.648 -- 00:01:05.472 First, I would like to highlight the geographic diversification 00:01:05.472 -- 00:01:11.417 of operations, which include France, Northern Europe, Germany and the Netherlands, 00:01:11.417 -- 00:01:16.743 Central Europe, Austria, Switzerland, Southern Europe, Spain and 00:01:16.743 -- 00:01:19.546 Italy. Next, 00:01:19.546 -- 00:01:24.874 our business diversification, with two-thirds of our revenues generated by nursing homes 00:01:24.874 -- 00:01:29.180 and the remainder by post-acute care clinics and psychiatric...