Kendrion N.V. (0G68) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.159 Good morning, everyone. Welcome to Kendrion's Q3 2025 results conference 00:00:05.159 -- 00:00:10.668 call. My name is Joep van Beurden, CEO of Kendrion, and I'm joined today by our CFO, 00:00:10.668 -- 00:00:12.371 Jeroen Hemmen. 00:00:12.371 -- 00:00:15.376 We appreciate your time and interest in our company. 00:00:15.376 -- 00:00:20.764 Today, we will review our performance in the third quarter of 2025, discuss 00:00:20.764 -- 00:00:25.552 the financial results for the group and our key business segments, and share our outlook 00:00:25.552 -- 00:00:30.657 for the remainder of the year and beyond. We will post a recording of this call and of 00:00:30.657 -- 00:00:36.882 the Q&A on Candrion's corporate website as soon as it's practicable. 00:00:36.944 -- 00:00:40.547 I would like to draw your attention to the fact that certain statements contained in 00:00:40.547 -- 00:00:46.213 my remarks and in the answers to your questions constitute forward-looking statements, 00:00:46.213 -- 00:00:51.197 and these forward-looking statements rely on several assumptions concerning future events 00:00:51.197 -- 00:00:56.322 and are subject to uncertainties and other factors, many of which are outside the company's 00:00:56.322 -- 00:01:01.571 control. which could cause actual results to differ materially from such 00:01:01.571 -- 00:01:03.571 statements. 00:01:04.054 -- 00:01:08.877 Before we begin, I would like to highlight that Q3 2025 00:01:09.000 -- 00:01:13.005 marks a significant milestone for Kendrion. 00:01:13.005 -- 00:01:18.573 With the completion of our China business sale, we have finalized our transformation 00:01:18.573 -- 00:01:21.997 into a pure play industrial company. 00:01:21.997 -- 00:01:27.595 This strategic shift allows us ...