flatexDEGIRO AG (0W89) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone. We hope you're well. Thank you very much for joining us today and a warm welcome to our presentation of the preliminary results 2025 and our update on our strategic priorities, which we first introduced last year. My name is Achim Schreck. I'm heading the IR department here at Flat-Tex de Giro. Before we get started, let me briefly address a few housekeeping items. First of all, it's my pleasure to welcome today's speakers, our CEO, Oliver Behrens, as well as our CFO, Dr. Benolianos. We will start today's presentation with some few opening remarks by Oliver, after which Benon will present a more detailed overview of our preliminary full year results and also highlight some key developments in the fourth quarter that will surely be helpful to better understand our underlying performance in the last quarter. Afterwards, Oliver will return to provide an update on our key strategic priorities, as we had them presented exactly one year ago, the same space. As some of you might know, the newly endorsed accounting standard IFRS 18 will come into effect in January 2027, having some minor implications on how our P&L will be structured. And we will use the opportunity today to just give you a glimpse into what to expect on this side, which again will be done by Benon. We will conclude today's presentation before we then go into our Q&A with an outlook on 2026 and our guidance, as well as the latest capital allocation policy, which we provided last week to the market as well. After those remarks, as I said, we're looking forward to taking your questions as we speak. As you can see, we have a rather full agenda today. So therefore, without any further ado, I would very much like to hand over to you, Oliver, now with your introduction or remarks. Please ...