Fresenius Medical Care AG (FMS) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.699 Ladies and gentlemen, welcome to the report on the third quarter 2025 conference call. 00:00:05.699 -- 00:00:08.563 I am Sandra, the chorus call operator. 00:00:08.563 -- 00:00:12.028 I would like to remind you that all participants have been listed in only mode and the 00:00:12.028 -- 00:00:17.655 conference is being recorded. The presentation will be followed by a Q&A session. 00:00:17.655 -- 00:00:23.323 You can register for questions at any time by pressing star and 1 on your telephone. 00:00:23.323 -- 00:00:26.568 For operator assistance, please press star and 0. 00:00:26.568 -- 00:00:30.524 The conference must not be recorded for publication or broadcast. 00:00:30.524 -- 00:00:32.947 At this time, it's my pleasure to hand over to Dr. 00:00:32.947 -- 00:00:36.491 Dominic Hager. Please go ahead, sir. 00:00:36.491 -- 00:00:38.333 Thank you, Sandra. 00:00:38.333 -- 00:00:41.978 Welcome, everyone, to our earnings call for the third quarter 2025. 00:00:41.978 -- 00:00:47.124 As always, I start out the call by mentioning our cautionary 00:00:47.124 -- 00:00:52.070 language that is in our safe harbor statement as well as in our presentation and in all 00:00:52.070 -- 00:00:55.297 the materials that we have distributed earlier today. 00:00:55.297 -- 00:01:00.405 For further details concerning risks and uncertainties, please refer to these documents 00:01:00.405 -- 00:01:06.174 and to our SEC filings. We will have roughly one hour for the call. 00:01:06.174 -- 00:01:11.303 In order to give everyone the chance to ask questions, we would limit the number of questions 00:01:11.303 -- 00:01:15.968 to two. Thank you for making this work, as always. 00:01:15.968 -- 00:01:21.094 Let me now welcome Helen Gieser, CEO and Chair of the Management...