Alessandro Folletti
Analyst, Mediobanca
Replay available
Sika Ag Adr (OTC: SXYAY) Q4 2025 earnings conference call, held 2026-02-20. Replay captured from the company's public earnings webcast.

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Excellent. Good morning and a warm welcome for all here in the room, visible, and also a warm welcome to the invisible that are virtually joining our media investor conference. I think the short video has brought everything to the point, and I will go and bring more, let's say, details into it, but it has been very well, let's say, aggregated here. But before I start, I would also like to share my sincere gratitude with our 33,000 employees. Many of them are also following this call here, and it is really amazing to see how committed and engaged our employees have supported the company. with the many initiatives globally in 2025. And it is also, let's say, the source of the strength of the company in delivering in tough times, also outstanding results, shaping for the future with the support of our employees. That's what makes me feel proud to be at the top of the company, but representing 33,000 employees. Now let's look at the agenda, which will follow the sequence of sharing some of the highlights of 25 from my side, but also then give some flavor to the strategy execution. And then, very interesting, how are we doing on the business implementation, key elements which are driving growth into this year as well as into the coming years. also supported then by the regional manager, Christoph, Mike, and Philip, which then will also give us a bit of flavor on what's going on in the regions. Before then, Adrian is going to make a deep dive into the financials of 25, then followed by the outlook for 26, as well as then the Q&A session at the end of the session. But I think before I go on, Into the highlights, I would like to emphasize here the strong foundation that SICA is built on and is able to also then outperform the markets, increase profitability in the future. An...