Manuel Bösing
Head of Investor Relations
Replay available
Puma Se Unsp/Adr (OTC: PUMSY) Q4 2025 earnings conference call, held 2026-02-26. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chief Executive Officer
Chief Financial Officer
Analyst, Bernstein
Analyst, BNP Paribas
HSBC
Analyst, Kepler Cheuvreux
Analyst, Bank of America
Analyst, RBC
Analyst, Deutsche Bank
Analyst, UBS
Hello everyone and welcome to the PUMA conference call for the fourth quarter and full year 2025. Joining me today are our CEO Arthur Höld and our CFO Markus Neubahn. Before we start, please take note of the cautionary statement regarding forward-looking information. Arthur and Markus will guide you through today's presentation covering our business recap, financial update and outlook for the year ahead. After the presentation, we will open the floor for your questions. For the Q&A session, we kindly ask that you limit your initial questions to two per person. This will allow as many participants as possible the opportunity to take part in the discussion. Good afternoon and welcome from my side here from Herzogenaurach as well. Yeah, I think that video summarized perfectly what a great brand we are, what a great potential we have, but it certainly also highlighted some of the challenges that we have started to take last year. So allow me to take you on the journey and the progress that we have made over the last few months. However, starting, of course, when we talk about Puma, we want to start with sports, the foundation that we build upon. Some of the highlights last year were definitely Mondo Duplantis taking the world title and at the same time the world record in pole vaulting at the Tokyo World Championships that also made him the fourth time the men's athlete of the year. Amanel Petros featuring the fast R3 was winning the silver medal in the marathon race, and then subsequent to that in Valencia, set the third fastest European time ever. We are very happy that to date we have 10 teams qualified for the FIFA World Cup, and that gives us strong, strong presence at one of the most prolific sporting events later this year. HIROC's key partnership that we have ext...