Koninklijke Ad N.V. S/Adr (ADRNY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, good morning and welcome to the analyst conference call on the third quarter 2025 results of Aho Delhaes. Please note this call is being webcast and recorded. During this call, Aho Delhaes anticipates making projections and forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and that may cause our actual results to differ materially from future results expressed or implied by such forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements. The introduction will be followed by a Q&A session. Any views expressed by those asking questions are not necessarily the views of our Delhares. At this time, I would like to hand the call over to JP O'Meara, Senior Vice President, Head of Investor Relations. Please go ahead, JP. Thank you very much, Sharon, and I'm delighted to welcome you all today to our Q3 2025 results from Sunny Zendan. On today's call are Franz Muller, our President and CEO. and Yolanda Putzile, our CFO. After a brief presentation, we will open the call for questions. In case you haven't seen it, the earnings release and the accompanying presentation slides can be accessed through the investor section of our website at aholdales.com, which also provides extra disclosures and details for your convenience. To ensure everyone's opportunity to ask their questions today, I ask you to limit yourselves to two questions. If you have further questions, then feel free to re-enter the queue. To cure ease of speaking, all growth rates mentioned in today's prepared remarks will be at constant exchange rates unless ot...