Industria de Diseño Textil, S.A. (IDEXF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Buenos dias, good morning to everybody. We'd like to thank you all for attending Inditex's full year 2025 results presentation. I'm James O'Shaughnessy, Investor Relations. The presentation today will be chaired by our CEO, Oscar García-Materas. We also have Andrés Sánchez, CFO, and Gorka García-Tapia, our Director of Investor Relations. Following the presentation this morning, we will hold a question and answer session, starting with the questions received on the phone. followed by those received on the webcast platform. Let's take the disclaimer as read. Oscar. Good morning and welcome to our full year 2025 presentation. It's great to see so many people joining us today. At the outset, we would like to acknowledge the current situation in the Middle East and express our thoughts with those affected. Ensuring the well-being and safety of our colleagues and the local communities we serve continues to be our highest priority. The numbers we are providing this morning reflect the ability of our teams to honor the trust that millions of customers place in our eight commercial formats every day. connecting with them, understanding their desires, and delivering the best product and a differentiated experience, and that being our long-term growth opportunities. We have seen a very solid performance in 2025, both in terms of the top line and also in terms of profitability. Despite the complex market environment, we have all seen throughout the year. The execution of our unique model has been very disciplined and coupled with the levels of diversification we enjoy. This adds to the resilience of our business. From the very start of the new fashion season at the beginning of last year, we all saw a picture of continual improvement in sales. What's worth highlighting was the h...