Oliver Leckenbach
Head of Investor Relations
Replay available
Gea Group Ag Ord (OTC: GEAGF) Q4 2025 earnings conference call, held 2026-03-09. Replay captured from the company's public earnings webcast.

Head of Investor Relations
CEO
CFO
Analyst, Morgan Stanley
Analyst, JP Morgan
Analyst, Bank of America
Analyst, Oddo BHF
Analyst, Deutsche Bank
Good day and thank you for standing by. Welcome to the GEO Group AG Full Year 2025 Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 1, 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1, 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Oliver Leckenbach, Head of Investor Relations. Please go ahead. Thank you very much, Heidi, and good afternoon, ladies and gentlemen, and thank you for joining us today. for our fourth quarter and full year 2025 earnings conference call. With me on the call are Stefan Klebert, our CEO, and Alexander Kocherscheidt, our CFO. Stefan will begin today's call with the highlights of our successful financial year 2025 And Alexander will then cover the business and financial review of the fourth quarter before Stefan takes over again for the outlook 2026. Afterwards, we open up the call for the Q&A session. Please be aware of the cautionary language that is included in our safe harbor statement as in the material that we have distributed today. And with that, I hand over to Stefan. Thank you, Oliver, and a good afternoon, everybody. It's my pleasure to welcome you again to our conference call today for our 25 years final numbers. 2025 was a big year for GEA. It was a year full of successes. We were able to raise our outlook for fiscal year 25 already in summer after strong development in the first six months. and we achieved all our raised targets. In some cases, we even exceeded them. In July, we signe...