Matthias Breuer
Chief Financial Officer
Replay available
Lenzing Ag Ord (OTC: LNZNF) Q4 2025 earnings conference call, held 2026-03-19. Replay captured from the company's public earnings webcast.

Chief Financial Officer
Analyst at Kepler Cheuvreux
Analyst
Analyst at ODDO BHF
Ladies and gentlemen, welcome to the Lansing AG Financial Results 2025 Conference Call and Live Webcast. I am Moira, the chorus call operator. I would like to remind you that all participants will be in listen-only mode and the conference has been recorded. The presentation will be followed by a question and answer session. You can register for questions at any time by pressing star and one on your telephone. For operator assistance, please press star and zero. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Matthias Breuer, CFO. Please go ahead. Thank you, Mara, and good afternoon, everyone, and thank you for joining today's call. For those of you I have not yet met, this is my first results call as Lensing CFO, and I'm happy to guide you through our results for 2025. As you might know, I have joined Lensing in 2023 to develop and implement the more than 200 million Euro performance program. My focus as CFO will stay on disciplined financial management, operational performance improvements, supporting profitable growth, and further strengthening the cash generation and the balance sheet of our group. With that, let me walk you through the agenda for today. I will start with a summary of the key developments, followed by the market update, as well as our refined strategy. I will then guide you through the financials, and I will talk about the outlook, as well as our investment talent. We will then end the call with the Q&A session as always. You might have seen that we have put some emphasizes on further transparency and further data in order to give you a better understanding on our business. And I hope that you appreciate that in the presentation going forward, and I'm happy to discuss on that. Steppi...