Renault Sa Unsp/Adr (RNLSY) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.079 Hello, everyone. Welcome to Renault Group's 2025 Financial Results 00:00:06.079 -- 00:00:11.545 Conference Call. I remind you that this call is recorded and will be made available 00:00:11.545 -- 00:00:16.912 in replay on our website after the call. During today's call, 00:00:16.912 -- 00:00:21.978 we will outline the 2025 strong performance from our group and we'll 00:00:21.978 -- 00:00:27.105 discuss the 2026 and medium-term outlook. This presentation will be 00:00:27.105 -- 00:00:32.140 made by François Provost, CEO of Renault Group, And Duncan Minto, CFO of 00:00:32.140 -- 00:00:36.548 Renault Group. François, the floor is yours. 00:00:36.548 -- 00:00:41.477 Thank you, Florent. Hello, everyone. Thank you for joining the call. 00:00:41.477 -- 00:00:46.888 It's a pleasure to be here with you for this important moment, not only to present, 00:00:46.888 -- 00:00:50.014 as mentioned by Florent, our 2025 00:00:50.014 -- 00:00:55.585 full year results, but also to share. our 26 outlook and medium-term 00:00:55.585 -- 00:01:01.112 financial ambitions. But first, I would like to 00:01:01.112 -- 00:01:04.256 start with our strong momentum 00:01:04.256 -- 00:01:08.141 since July 2025. One 00:01:08.141 -- 00:01:14.011 month after my nomination, I could release our new leadership team. 00:01:14.011 -- 00:01:19.439 And with this team, we already took several important 00:01:19.439 -- 00:01:24.865 decisions to simplify, streamline our organization. 00:01:24.968 -- 00:01:30.176 Fabrice Cambolive, as the chief growth officer, enhanced complementarity between Renault 00:01:30.176 -- 00:01:33.521 and Dacia, and they start to deliver results. 00:01:33.521 -- 00:01:39.110 Our CTO, Philippe Brunet, set one unified engineering 00:01:39.110 -- 00:01:4...