JBS N.V. (JBS) Q2 2025 Earnings Call

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WEBVTT 00:00:01.550 -- 00:00:07.198 Good morning and welcome to JBS second quarter of 2025 results 00:00:07.198 -- 00:00:09.120 conference call. 00:00:09.120 -- 00:00:13.085 At this time, all participants are in a listen-only mode. 00:00:13.085 -- 00:00:18.032 Later, we will conduct a question and answer session and instructions will be given at 00:00:18.032 -- 00:00:19.694 that time. 00:00:19.694 -- 00:00:23.099 As a reminder, this conference is being recorded. 00:00:23.099 -- 00:00:27.748 Any statements eventually made during this conference call in connection with the company 00:00:27.748 -- 00:00:33.178 business outlook, projections, operating and financial targets and potential 00:00:33.178 -- 00:00:37.586 growth should be understood as merely forecasts 00:00:37.586 -- 00:00:42.675 based on the company's management expectations in relation to the future 00:00:42.675 -- 00:00:44.412 of JBS. 00:00:44.412 -- 00:00:49.859 Such expectations are highly dependent on market conditions, on Brazil's overall 00:00:49.859 -- 00:00:54.925 economic performance, and on industry and international market behavior, and 00:00:54.925 -- 00:00:58.607 therefore are subject to change. 00:00:58.850 -- 00:01:01.673 Our president with us today, Gilberto 00:01:01.673 -- 00:01:07.247 Tomasoni, Global CEO of JPS, Guilherme Cavalcanti, 00:01:07.247 -- 00:01:12.273 Global CFO of JBS, Wesley Batista Filho, CEO 00:01:12.273 -- 00:01:17.419 of JBS USA, and Cristiane Assis, Investor Relations 00:01:17.419 -- 00:01:19.141 Director. 00:01:19.141 -- 00:01:25.508 Now, I'll turn the conference over to Gilberto Tomazoni, Global CEO of JBS. 00:01:25.508 -- 00:01:29.630 Mr. Tomazoni, you may begin your presentation. 00:01:30.674 -- 00:01:37.176 Good morning, everyone. Thank you for joining us today for o...