Sandoz Group Ag S/Adr (SDZNY) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.756 Good morning, ladies and gentlemen, and welcome to the Sandoz call today. 00:00:03.756 -- 00:00:10.461 I will now hand over to Craig Marks, head of investor relations, for his opening remarks. 00:00:11.104 -- 00:00:14.709 Thank you and welcome to the Sandoz full year results call for 2025. 00:00:14.709 -- 00:00:16.411 Earlier 00:00:16.411 -- 00:00:21.217 today, we published a press release and an accompanying presentation on our website, 00:00:21.217 -- 00:00:25.882 which will follow on today's call. You can find these documents at Sandoz.com stroke 00:00:25.882 -- 00:00:27.537 investors. 00:00:27.537 -- 00:00:32.423 Joining me on today's call are Richard Seynod, Chief Executive Officer, and Remco Steenbergen, 00:00:32.423 -- 00:00:36.648 Chief Financial Officer. Please turn to slide two. 00:00:36.648 -- 00:00:41.735 Our results announcement, presentation, and discussion include forward-looking statements. 00:00:41.735 -- 00:00:46.360 Please see our disclaimer here. Please turn to slide three. 00:00:46.360 -- 00:00:51.407 Richard will begin today's presentation with the highlights of 2025, followed by an update 00:00:51.407 -- 00:00:56.663 on the business. Remco will cover the financial performance, as well as the guidance 00:00:56.663 -- 00:00:58.823 for 2026. 00:00:58.887 -- 00:01:03.354 Following the wrap-up of the presentation, we'll be happy to take your questions. 00:01:03.354 -- 00:01:06.239 And with that, I will now hand over to Richard. 00:01:06.239 -- 00:01:09.345 Please turn to slide four. Thank you, Craig. 00:01:09.345 -- 00:01:13.612 And hello, everyone. It is a pleasure to welcome you all on the call today. 00:01:13.612 -- 00:01:15.014 Our 00:01:15.014 -- 00:01:20.163 second full year as an independent company was a v...