Publicis Groupe Act (PGPEF) Q4 2025 Earnings Call

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WEBVTT 00:00:00.537 -- 00:00:02.899 Good morning. This is the conference operator. 00:00:02.899 -- 00:00:07.903 Welcome, and thank you for joining the Publicist Group Full Year 2025 Results 00:00:07.903 -- 00:00:13.608 Conference Call. As a reminder, all participants are in listen-only mode. 00:00:13.608 -- 00:00:17.532 After the presentation, there will be an opportunity to ask questions by pressing star 00:00:17.532 -- 00:00:20.114 and 1 at any time. 00:00:20.114 -- 00:00:23.677 If anyone needs assistance during the conference call, they may signal an operator by 00:00:23.677 -- 00:00:26.920 pressing star and 0 on their telephone. 00:00:26.920 -- 00:00:29.382 At this time, I would like to turn the conference over to Mr. 00:00:29.382 -- 00:00:33.610 Artur Sadun, Chairman and CEO of Publicis Group. 00:00:33.610 -- 00:00:36.311 Please go ahead, sir. 00:00:37.497 -- 00:00:42.907 Thank you, Sherry. Bonjour, and welcome to Publicis Group 2025 full-year earning 00:00:42.907 -- 00:00:48.437 call. I am Arthur Sadoun, and I'm here in Paris with our CFO, Laurie Snowld. 00:00:48.437 -- 00:00:53.807 Jean-Michel Bonany is also here and will be available to take all of your questions offline 00:00:53.807 -- 00:01:00.071 after this call. I will start this presentation by sharing the main highlights of 2025 00:01:00.071 -- 00:01:03.016 and our guidance for 2026. 00:01:03.016 -- 00:01:08.145 Loris will then provide the full details of our numbers before I come back 00:01:08.145 -- 00:01:13.214 with a strategic update. As usual, we will take your questions together after 00:01:13.214 -- 00:01:14.737 the presentation. 00:01:14.737 -- 00:01:19.365 But before we start, please take the time to read the disclaimer, which is an important 00:01:19.365 -- 00:01:21.685 legal matter. 00:01:24....