Global Dominion Access Sa (GBDMF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the Blue Grots presentation. Before starting, I would like to remind you that once we finish the presentation, we'll have a Q&A session. You can leave your questions in writing in the Q&A section or you can intervene via telephone or by raising your hand. So we're going to start off with a presentation and Miguel Barrientilante is the speaker together with Roberto Tobias is the director and Patricia Rejon is the director of corporate development. Hello, good afternoon. Thank you very much for attending this call. for the 2024 fiscal year. But before talking about the figures of the year, I'd like to mention some events that happened at a global level in 2024 and which have a direct or indirect influence on the company. Everybody knows about the war in Ukraine and Gaza, the elections in France, Mexico, the Dominican Republic and the United States and the blockade of the main European economies, which I think that we already assumed in our strategic plan. And in the strategic plan, we knew that uncertainty was going to stay for a long time. So that's why we think that it's relevant to not only make our businesses more profitable. In 2024, we have advanced in relation to the three pillars in the strategic plan, that is, the pillar of recurrence, of simplification, and sustainability. And in spite of the constant uncertainties, we now have a business in which the most recurrent activities, which are mainly services, already account for more than 70% of our sales and more than 60% of the contribution margin. And as we will see, these are the activities, these recurrent activities are those that are behaving much better in terms of growth and profitability. We've also made major progress in the simplification process with a divestiture of acti...