Jeremy Kincaid
Analyst, Van Lanshot Camp
Replay available
Koninklijke Vopak Uns/Adr (OTC: VOPKY) Q3 2025 earnings conference call, held 2025-11-05. Replay captured from the company's public earnings webcast.

Analyst, Van Lanshot Camp
Head of Investor Relations
Analyst, ING
Analyst, KBC Securities
Hello and welcome to the Royal Volpac 3rd Quarter 2025 update. Throughout the call, all participants will be in listen-only mode. And afterwards, there will be a question and answer session. This call is being recorded. I'm pleased to present Fathiona Topshu, Head of Investor Relations. Please go ahead with your meeting. Good morning, everyone, and welcome to our Q3 2025 results analysis poll. My name is Tatyana Topcu, head of IR. Our CEO, Shuzik Richel, and CFO, Neil Nielsen, will guide you through our latest results. We will refer to the Q3 2025 analysis presentation and follow on screen and download from our website. After the presentation, we will have the opportunity for Q&A. A replay of the webcast will be made available on our website as well. Before we start, I would like to refer to the disclaimer content of the forward-looking statement, which you are familiar with. I would like to remind you that we may make forward-looking statements during the presentation, which involves certain risks and uncertainties. Accordingly, this is applicable to the entire call, including the answers provided to questions during the Q&A. And with that, I would like to hand over the call to Vic. Thank you very much, Fatjana, and good morning to all of you. Thanks for joining us in the call this morning. Let's start with the key priorities of our strategy framework towards 2030. We continue to focus on improving the performance of our existing portfolio. This includes both our sustainability efforts and our financial results, with an operating cash return target for the portfolio of above 13% throughout the cycle. As part of our grow and accelerate strategic pillars, we continue to invest in attractive opportunities in the markets. with a total proportional investment ambition of...