Ferroglobe PLC (GSM) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to Ferraglobe's third quarter 2025 earnings call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session and instructions will be given at that time. As a reminder, this conference call may be recorded. I would now like to turn the call over to Alex Rottenen, Ferroglobe's Vice President of Investor Relations. You may begin. Good morning, everyone, and thank you for joining Ferroglobe's third quarter 2025 conference call. Joining me today are Marco Levy, our Chief Executive Officer, and Beatriz Garcia-Cos, our Chief Financial Officer. Before we get started with some prepared remarks, I'm going to read a brief statement. Please turn to slide two at this time. Statements made by management during this conference call that are forward looking are based on current expectations. Factors that could cause actual results to differ materially from those forward looking statements can be found in Ferroglobe's most recent SEC filings and the exhibits to those filings, which are available on our website at ferroglobe.com. In addition, this discussion includes references to EBITDA, adjusted EBITDA, adjusted gross debt, adjusted net debt, and adjusted diluted earnings per share, among other non-IFRS measures. Reconciliation of non-IFRS measures may be found in our most recent SEC filings. Marco. Thank you, Alex, and thank you for joining us today. We appreciate your continued interest in Fairgold. As we have discussed in previous quarters, 2025 has been marked by significant challenges stemming from unfair trade practices in both the U.S. and the EU. After taking proactive measures to create a more level playing field, we are now beginning to see meaningful progress. Regulators a...