Ferroglobe PLC (GSM) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.058 Good morning, ladies and gentlemen, and welcome to Ferroglobe's fourth quarter and full 00:00:05.058 -- 00:00:06.681 year 2025 00:00:06.681 -- 00:00:12.609 earnings call. At this time, all participants are in a listen-only mode. 00:00:12.609 -- 00:00:17.717 Later, we will conduct a question and answer session, and instructions will be given 00:00:17.717 -- 00:00:22.303 at that time. As a reminder, this conference call may be recorded. 00:00:22.303 -- 00:00:27.511 I would now like to turn the call over to Alex Rotterman, Ferroglobe's 00:00:27.511 -- 00:00:32.533 Vice President of Investor Relations, You may begin. 00:00:33.738 -- 00:00:37.824 Good morning, everyone, and thank you for joining Ferraglobe's fourth quarter and full 00:00:37.824 -- 00:00:42.912 year 2025 conference call. Joining me today are Marco Levy, our Chief 00:00:42.912 -- 00:00:48.721 Executive Officer, and Beatriz Garcia-Cost, our Chief Financial Officer. 00:00:48.721 -- 00:00:53.649 Before we get started with some prepared remarks, I'm going to read a brief statement. 00:00:53.649 -- 00:00:57.490 Please turn to slide two at this time. 00:00:57.490 -- 00:01:01.896 Statements made by management during this conference call that are forward-looking are 00:01:01.896 -- 00:01:04.379 based on current expectations. 00:01:04.379 -- 00:01:08.866 Factors that could cause actual results to differ materially from these forward-looking 00:01:08.866 -- 00:01:13.913 statements can be found on Ferroglobe's most recent SEC filings and the exhibits to 00:01:13.913 -- 00:01:18.959 those filings, which are available on our website at ferroglobe.com. 00:01:18.959 -- 00:01:24.127 In addition, this discussion includes references to EBITDA, adjusted EBITDA, 00:01:24.127 -- 00:01:29.188 ...