Puma Se Unsp/Adr (PUMSY) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.355 Hello everyone and welcome to the PUMA conference call for the fourth quarter and full 00:00:04.355 -- 00:00:06.197 year 2025. 00:00:06.197 -- 00:00:11.242 Joining me today are our CEO Arthur Höld and our CFO Markus Neubahn. 00:00:11.242 -- 00:00:15.346 Before we start, please take note of the cautionary statement regarding forward-looking 00:00:15.346 -- 00:00:19.890 information. Arthur and Markus will guide you through today's presentation covering our 00:00:19.890 -- 00:00:23.693 business recap, financial update and outlook for the year ahead. 00:00:23.693 -- 00:00:27.031 After the presentation, we will open the floor for your questions. 00:00:27.031 -- 00:00:31.897 For the Q&A session, we kindly ask that you limit your initial questions to two per person. 00:00:31.897 -- 00:00:36.203 This will allow as many participants as possible the opportunity to take part in the 00:00:36.203 -- 00:00:37.144 discussion. 00:00:37.144 -- 00:00:42.071 Good afternoon and welcome from my side here from Herzogenaurach as well. 00:00:42.071 -- 00:00:46.717 Yeah, I think that video summarized perfectly what a great brand we are, what a great 00:00:46.717 -- 00:00:51.844 potential we have, but it certainly also highlighted some of the challenges that 00:00:51.844 -- 00:00:56.714 we have started to take last year. So allow me to take you on the journey and the progress 00:00:56.714 -- 00:01:00.159 that we have made over the last few months. 00:01:00.159 -- 00:01:05.787 However, starting, of course, when we talk about Puma, we want to start with sports, 00:01:05.787 -- 00:01:10.994 the foundation that we build upon. Some of the highlights last year were definitely Mondo 00:01:10.994 -- 00:01:16.041 Duplantis taking the world title and at the same time...