L'Air Liquide Ord (AIQUF) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.166 -- 00:00:04.752 Good morning, everyone. This is Aude Rodriguez, Head of Investor Relations. 00:00:04.752 -- 00:00:08.276 Thank you very much for attending the call today. 00:00:08.276 -- 00:00:14.304 Francois Jacob and Jérôme Pelton will present the performance of the full year 2025. 00:00:14.304 -- 00:00:19.751 For the Q&A session, they will be joined by Émilie Morem-Renoir and Adam Peters, both 00:00:19.751 -- 00:00:25.017 GroupGP, overseeing respectively EMEA and North America. 00:00:25.017 -- 00:00:28.870 Adam is on the phone with us from the U.S. 00:00:28.870 -- 00:00:33.975 In the agenda, our next announcement is on April 28th for our 00:00:33.975 -- 00:00:35.917 first quarter revenue. 00:00:35.917 -- 00:00:39.658 Let me now send you over to Francois. 00:00:41.102 -- 00:00:45.286 Thank you, Aude, and good morning to all of you. 00:00:45.286 -- 00:00:50.471 It is a real pleasure to be with you today for this earnings call. 00:00:50.471 -- 00:00:56.016 This past year, Eliteed has reached new heights in both operational excellence 00:00:56.016 -- 00:00:59.397 and financial performance. 00:00:59.853 -- 00:01:05.220 The inherent strengths of our operating model, coupled with the transformation 00:01:05.220 -- 00:01:10.226 momentum driven by our teams, has delivered robust performance 00:01:10.226 -- 00:01:12.869 across all key metrics. 00:01:12.869 -- 00:01:17.835 This is particularly significant given the ongoing microeconomic 00:01:17.835 -- 00:01:20.779 and geopolitical headwinds. 00:01:20.779 -- 00:01:23.582 Let's look at the specifics. 00:01:23.582 -- 00:01:29.088 Sales grew plus 2% on a comparable basis. This proves 00:01:29.088 -- 00:01:34.436 our ability to capture growth even in a complex environment. 00:01:34.436 -- 00:01:40.224 Our foc...