JBS N.V. (JBS) Q4 2025 Earnings Call

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WEBVTT 00:00:01.297 -- 00:00:06.666 Good morning and welcome to JBS fourth quarter in the year of 2025 results conference 00:00:06.666 -- 00:00:11.294 call. At this time, all participants are in listen-only mode. 00:00:11.294 -- 00:00:15.261 Later, we will conduct a questions and answers session and instructions will be given 00:00:15.261 -- 00:00:20.078 at that time. As a reminder, this conference is being recorded. 00:00:20.078 -- 00:00:23.985 Any statements eventually made during this conference call in connection with the company 00:00:23.985 -- 00:00:29.254 business outlook, projections, operating and financial targets, and potential growth 00:00:29.254 -- 00:00:33.902 should be understood as merely forecasts based on the company's management expectations 00:00:33.902 -- 00:00:36.547 in relation to the future of JBS. 00:00:36.547 -- 00:00:41.456 Such expectations are highly dependent on the industry and market conditions and therefore 00:00:41.456 -- 00:00:43.720 are subject to change. 00:00:43.720 -- 00:00:48.866 Are present with us today, Gilberto Tamazoni, Global CEO of JBS, 00:00:48.866 -- 00:00:54.573 Guilherme Cavalcanti, Global CFO of JBS, Wesley Batista Filho, 00:00:54.573 -- 00:01:00.280 CEO of JBS USA, and Christian Aziz, Investor Relations Director. 00:01:00.280 -- 00:01:05.667 Now, I'll turn the conference over to Gilberto Tamazoni, Global CEO of JBS. 00:01:05.667 -- 00:01:09.209 Mr. Tamazoni, you may begin your presentation. 00:01:10.133 -- 00:01:12.323 Good morning, everyone. 00:01:12.323 -- 00:01:15.226 Thank you for joining us today. 00:01:15.226 -- 00:01:20.571 We close 2025 with a consistent performance and a continued 00:01:20.571 -- 00:01:25.335 progress in building a stronger, more efficient company. 00:01:25.335 -- 00:01:31.241 In the fourt...